TDS/TCS Rates Chart for A Y 2014-15

A. TDS Rate Chart for A Y 2014-15 on Payments other than Salary and Wages

Section No. Nature of Payment Threshold
Total Payment During the Year
Payment to
Individual or HUF Others
193 Interest on Debentures Rs. 5000/- 10% 10%
194 Deemed Dividend - 10% 10%
194 A Interest by banks (Other than interest on securities) Rs. 10000/- 10% 10%
194 A Interest by Others (Other than interest on securities) Rs. 5000/- 10% 10%
194 B Winnings from Lotteries / Puzzle / Game Rs. 10000/- 30% 30%
194 BB Winnings from Horse Race Rs. 5000/- 30% 30%
194 C (1) Payment to Contractors Rs. 30000/- 1% 2%
194 C (2) Payment to Sub-Contractors / for Advertisements Rs. 30000/- 1% 2%
194 D Payment of Insurance Commission Rs. 20000/- 10% 10%
194 EE Out of deposits under NSS Rs. 2500/- 20% NA
194 G Commission on Sale of Lottery tickets Rs. 1000/- 10% 10%
194 H Commission or Brokerage Rs. 5000/- 10% 10%
194 I Rent of Land, Building or Furniture Rs. 180000/- 10% 10%
194 I Rent of Plant & Machinery Rs. 180000/- 2% 2%
194 J Professional / technical services, royalty Rs. 30000/- 10% 10%
194 J (1) Remuneration / commission to director of the company - 10% 10%
194 J (ba) w.e.f. 01.07.2012
Any remuneration / fees / commission to a director of a company, other than those on which tax is deductible under section 192.
- 10% 10%
194 LA Compensation on acquisition of certain immovable property Rs. 2,00,000/- 10% 10%
194 IA Compensation on transfer of certain immovable property other than agricultural land (w.e.f. 01.06.2013) Consideration is Rs. 50 lakh or more. 1% 1%
194LD Interest on certain bonds & Govt. securities (w.e.f. 01.06.2013)   5% 5%


B. The Tax Collection at Source Rates for the Financial Year 2013-14 is tabulated below:

Sl. No. Nature of Goods Rates in %
1 Alcoholic liquor for human Consumption 1
2 Tendu leaves 5
3 Timber obtained under forest lease 2.5
4 Timber obtained by any mode other than a forest lease 2.5
5 Any other forest produce not being timber or tendu leaves 2.5
6 Scrap 1
7 Parking lot 2
8 Toll plaza 2
9 Mining & Quarrying 2
10 Minerals, being coal or lignite or iron ore 1
11 Bullion or jewellery (if the sale consideration is paid in cash exceeding INR 2 lakhs) 1