TDS Rate Chart for FY 2017-18 AY 2018-19 Updated as per Union Budget Proposals 2017-18 presented in Parliament on 1st February, 2017
|
Section |
Nature of Payment |
Rate-HUF/Ind |
Rate-Others |
|
192 |
Salaries |
Average rate |
– |
|
192A |
Payment of accumulated balance due to an employee |
||
|
193 |
Interest on Securities > Rs.10,000 |
10 |
10 |
|
194 |
Deemed dividend u/s.2(22)(e) Dividends other than listed companies |
10 |
10 |
|
194A |
Interest other than Interest on Securities (including recurring deposits : |
10 |
|
|
194B |
Lottery / Cross Word Puzzle > Rs. 10000/- |
30 |
30 |
|
194BB |
Winnings from Horse Race > Rs. 10,000/- |
30 |
30 |
|
194C |
Contracts: Aggregate annual limit > Rs. 1,00,000/- |
1 |
2 |
|
194D |
Insurance Commission > Rs. 15,000/- |
5 |
5 |
|
194DA |
Payment in respect of Life Insurance Policy |
01 |
– |
|
194E |
Payments to non-resident sportsmen or sports associations |
20 |
20 |
|
194EE |
Payments in respect of NSS Deposits |
10 |
– |
|
194F |
Repurchase of units by MF/UTI |
20 |
20 |
|
194G |
Commission on sale of lottery tickets > 15000/- |
5 |
5 |
|
194H |
Commission or Brokerage > 15000/- |
5 |
5 |
|
194I |
Rent of Machinery, Plant or Equipment > Rs. 1,80,000 |
2% |
2% |
|
Land, building (including factory building) or land appurtenant to a building (including factory building) or furniture or fittings > Rs. 1,80,000 |
|
|
|
|
194IA |
Transfer of immovable property other then agricultural Land >50 Lakhs |
1% |
1% |
|
194IB |
Payment by individual/HUF (other than those covered u/s 194I or not covered u/s 44AB) of Rent exceeding Rs. 50000/- for a month or part of a month during the previous year (w.e.f 01-06-2017) |
5% |
5% |
|
194IC |
Payment under Builders agreement-A person owning land or building or both, agreeing to allow another person to develop a real estate project on such land or Building or both, in consideration of a share, being land or building or both in such project whether with or without payment of part of the consideration in cash. wef 01-04-2017 |
10% |
10% |
|
194J |
Professional/ Technical charges/Royalty & Non-compete fees /payments to directors > Rs. 30,000/- If the payee is engaged only in the business of operation of call centre (w.e.f. 01-06-2017) |
2% |
2% |
|
194LA |
Compensation on acquisition of immovable property > Rs.2,50,000/- No deduction where payment is made in respect of any award or agreement which has been exempted from income-tax u/s 96 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (w.e.f 01-04-2017) |
10% | 10% |
|
|
|
|
|
|
194LBA |
Income in the nature of interest received or receivable from a special purpose vehicle, distributed by a business trust to its unit holders. Distribution of income by a business trust being a real estate investment trust |
10 5 Rates specified in Part II First Schedule |
10 5 Rates specified in Part II First Schedule |
|
194LBB |
Payments to a unit holder in respect of units of Investment Fund u/s 115UB |
|
|
|
194LC |
Interest to Non Resident from Indian company/business trusts engaged in certain business. |
|
|
|
194LD |
Interest on certain Govt Bonds/Securities payable on or after 01-06-2013 but before 01-07-2020 |
|
|
|
195/196B/196C/196D/ 196E |
Payment to non-residents |
|
|
Surcharge
| Non Residents other than company (if income exceeds Rs. 50 Lakhs but not exceeds Rs. 1 Crore) | 10% |
| Non Residents other than company (if income exceeds Rs. 1 Crore) | 15% |
| Non Resident companies if income is between Rs. 1 Crore and 10 Crore | 2% |
| Non Resident companies if income is greater than Rs. 10 Crore | 5% |
| Surcharge on Coperative Society & Firms in case of Non-Residents (if income exceeds Rs. 1 crore) | 12% |
Note: Surcharge not applicable for payments made to resident individual/ HUF /Firm/LLP/ AOP / BOI/Domestic Company except salary.
Due dates for deposit of TDS:
| Deductions made in the month of March | On or before 30th April |
| Deductions made other than month of March and tax on perquisites opted to be deposited by employer | On or before seven days from the close of the month |
Due dates for filing quarterly TDS Returns:
| Due dates for TDS quarterly Returns | ||
| Quarter | Period of Return | Due Date |
| Q1 | 1 Apr – 30 June | 31st July |
| Q2 | 1 July – 30 Sept | 31st Oct |
| Q3 | 1 Oct – 31 Dec | 31st Jan |
| Q4 | 1 Jan – 31 Mar | 31st May |
Whether the release of seized assets is mandatory upon completion of 120 days –High Court refers the case to a…
EPFO Extends date of filing of new ECR for the wage month September to 31st October 2026 Taking into account…
Earlier acceptance of investment is a relevant evidence in evaluating subsequent allegation that investments were fictitious from inception – High…
A bald statement recorded during survey would not in itself be a foundation for any addition - ITAT In a…
ICAI issued Guidelines for responding to Tenders by Chartered Accountants The ICAI has issued Tender guidelines to Chartered Accountants for…
Empanelment to act as ICAI exam observers for January 2027 CA Examination. Last date to apply is 20.11.2026 Empanelment of…