TDS-F.Y.2020-21

SectionNatureresident Individual/huf non residentdomestic companiesother than domestic companies
192Payment of salaryNormal Slab RateNormal Slab Rate
192APayment of accumulated balance of Provident fund which is taxable in the hands of an employee. Monetary Limit – Rs. 50,0001010.40
193 Interest on Securities    
a.any debentures or securities for money issued by or on behalf of any local authority or a corporation established by a Central, State or Provincial Act;1010
b.debentures issued by a company where such debentures are listed on a recognised stock exchange in accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and any rules made thereunder1010
c.any security of the Central or State Government (Monetary Limit – Rs 10,000)1010
d.interest on any other security1010
194Dividend (Monetary Limit- Rs 5000)10 (W.e.f. 01.04.202010 (W.e.f. 01.04.2020)
194AAn Income by way of interest other than “Interest on securities” (Monetary Limit – Rs 40,000)1010
194BIncome by way of winnings from lotteries, crossword puzzles, card games and other games of any sort (Monetary Limit – Rs 10,000)3031.203031.20
194BBIncome by way of winnings from  horse races (Monetary Limit – Rs 10,000)3031.203031.20
194CA Payment to contractor/sub-contractor (Monetary Limit – Rs 30,000 per contract or Rs 1,00,000 for aggregate amount during the year)    
a.HUF/Individuals11
b.Others22
194DInsurance commission (Monetary Limit – Rs 15,000)510
194DAA Payment in respect of life insurance policy w.e.f. 1/9/2019, the tax shall be deducted on the amount of income comprised in insurance pay-out (Monetary Limit – Rs 1,00,000) 55
194EPayment to non-resident sportsmen / sports association20.8020.80
194EEA Payment in respect of deposit under National Savings scheme (Monetary Limit – Rs 2,500)1010.4010
194FPayment on account of repurchase of unit by Mutual Fund or Unit Trust of India2020.8020
194GCommission, etc., on sale of lottery tickets (Monetary Limit – Rs 15,000)55.2055.20
194HCommission or brokerage (Monetary Limit – Rs 15,000)55
194-IRent (Monetary Limit – Rs 2,40,000)    
 a. Plant & Machinery22
 b. Land or building or furniture or fitting1010
194-IAPayment on transfer of certain immovable property other than agricultural land (Monetary Limit – Consideration exceeding Rs 50,00,000)11
194-IBA Payment of rent by individual or HUF not liable to tax audit (Monetary Limit – Rent for the month or part of the month exceeds Rs 50,000)5
194-ICPayment of monetary consideration under Joint Development Agreements1010
194JA Payment for fees for Technical services, Professional services or royalty etc. (Monetary Limit –Rs 30,000 p.a)    
a.Fee for technical services2 (w.e.f. 01.04.2020)2 (w.e.f. 01.04.2020)
b.Fee in other all cases as per Section 194J1010
194KPayment of any income in respect of: a) Units of a Mutual Fund as per Section 10(23D) b) The Units from the administrator c) Units from specified company10 (W.e.f 01/04/2020)10
194LAA Payment of compensation on acquisition of certain immovable property (Monetary Limit –Rs 2,50,000 p.a.)1010
194LBPayment of interest on infrastructure debt fund5.205.20
194LBA(1)Business trust shall deduct tax while distributing, any interest received or receivable by it from a SPV or any income received from renting or leasing or letting out any real estate asset owned directly by it, to its unit holders.1010
194LBA(2)A Business trust shall deduct tax while distributing any interest income received or receivable by it from a SPV to its unit holders.5.205.20
194LBA(3)Business trust shall deduct tax while distributing any income received from renting or leasing or letting out any real estate asset owned directly by it to its unit holders.31.2041.6
194LBBInvestment fund paying an income to a unit holder [other than income which is exempt under Section 10(23FBB)]1031.201041.6
194LBCIncome in respect of investment made in a securitisation trust (specified in Explanation of section 115 TCA)25% in case of Individual or HUF 30% in case of other resident person31.201041.6
194LCPayment of interest by an Indian Company or a business trust in respect of money borrowed in foreign currency under a loan agreement or by way of issue of long-term bonds (including long-term infrastructure bond) Note: Now TDS at concessional rate of 5% will be applicable for borrowings made after April 1, 2020 but before July 1, 2023.5.205.20
194LDA Payment of interest on rupee denominated bond of an Indian Company or Government securities to a Foreign Institutional Investor or a Qualified Foreign Investor Note: Now TDS at concessional rate of 5% will be applicable for borrowings made after April 1, 2020 but before July 1, 2023.5.205.20
194MPayment of commission (not being insurance commission), brokerage, contractual fee, professional fee to a resident person by an Individual or a HUF who are not liable to deduct TDS under section 194C, 194H, or 194J.55
194NCash withdrawal in excess of Rs. 1 crore during the previous year from one or more account maintained by a person with a banking company, co-operative society engaged in business of banking or a post office22
194-OApplicable for E-Commerce operator for sale of goods or provision of service facilitated by it through its digital or electronic facility or platform.1 (w.e.f. 01.04.2020)1 (w.e.f. 01.04.2020)
195Payment of any other sum to a Non-resident    
a.An Income in respect of investment made by a Non-resident Indian Citizen20.80
b.Income by way of long-term capital gains referred to in Section 115E in case of a Non-resident Indian Citizen10.40
c.An Income by way of long-term capital gains referred to in sub-clause (iii) of clause (c) of sub-Section (1) of Section 11210.4010.40
d.Income by way of long-term capital gains as referred to in Section 112A10.4010.40
e.An Income by way of short-term capital gains referred to in Section 111A15.6015.60
f.Any other income by way of long-term capital gains [not being long-term capital gains referred to in clauses 10(33), 10(36) and 112A20.8020.80
g.Income by way of interest payable by Government or an Indian concern on moneys borrowed or debt incurred by Government or the Indian concern in foreign currency (not being income by way of interest referred to in Section 194LB or Section 194LC)20.8020.80
h.The Income by way of royalty payable by Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern where such royalty is in consideration for the transfer of all or any rights (including the granting of a licence) in respect of copyright in any book on a subject referred to in the first proviso to sub-section (1A) of Section 115A of the Income-tax Act, to the Indian concern, or in respect of any computer software referred to in the second proviso to sub-section (1A) of Section 115A of the Income-tax Act, to a person resident in India10.4010.40
i.Income by way of royalty [not being royalty of the nature referred to point g) above E] payable by Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern and where such agreement is with an Indian concern, the agreement is approved by the Central Government or where it relates to a matter included in the industrial policy, for the time being in force, of the Government of India, the agreement is in accordance with that policy10.40
 A) Where the agreement is made after the 31st day of march,1961 but before 1st April 197652
 B) Where the agreement is made after the 31st March, 197610.40
jIncome by way of fees for technical services payable by Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern and where such agreement is with an Indian concern, the agreement is approved by the Central Government or where it relates to a matter included in the industrial policy, for the time being in force, of the Government of India, the agreement is in accordance with that policy10.40
 A) Where the agreement is made after the 29th February 1964 but before 1st April 1976  52
 B) Where the agreement is made after the 31st March, 1976  10.40
k.Any other income31.2041.60
196BIncome from units (including long-term capital gain on transfer of such units) to an offshore fund10.4010.40
196CThe Income from foreign currency bonds or GDR of an Indian company (including long-term capital gain on transfer of such bonds or GDR)10.4010.40
196DIncome of foreign Institutional Investors from securities (not being dividend or capital gain arising from such securities)20.8020.80