TDS Rate chart A.Y. 2013-14 (F.Y.2012-13)

TDS(tax deducted at Source) Rate chart For Assessment Year "BY C.A Parth Dadawala"
A.Y. 2013-14
Made To resident		Threshhold	Company,firm.Co-op Society,Local authority	HUF , Individual
Section	Nature of payments		Rate in %
194A	Interest From Bank	10000	10	10
194A	Other Interest	5000	10	10
194B	Winning from Lotteries	10000	30	30
194BB	winning from Horse races	5000	30	30
194C	Payment to Contractors , Pay to Advt/Sub Contr , Payment to Transportor	30000 (75000 in year)	2	1
194D	Insurance Commission	20000	10	10
194H	Commission/Brokerage	5000	10	10
194I	Rent-property	180000	10	10
194I	Rent-Plant / Machinery	180000	2	2
194J	Professional Fees	30000	10	10
Note -1	For Section 194C Rs. 30000 for single payment & Rs. 75000 for aggregate Payment during a financial year.
Note -2	Payment Made to Transportor ,Tds is Not required If pan is provided By the Transportor
Note-3	Surcharge and Cess Is not applicable on tds from 01,04,2009 on any payment made to resident.
Note-4	If pan not provided by the deductee then rate as per above table or 20% which ever is higher is to be deducted.