{"id":52999,"date":"2024-04-25T09:01:14","date_gmt":"2024-04-25T09:01:14","guid":{"rendered":"https:\/\/www.apnacfo.com\/blogs\/?p=52999"},"modified":"2025-11-14T09:04:09","modified_gmt":"2025-11-14T09:04:09","slug":"rates-for-tax-deduction-at-source-for-assessment-year-2025-26","status":"publish","type":"post","link":"https:\/\/www.apnacfo.com\/blogs\/rates-for-tax-deduction-at-source-for-assessment-year-2025-26\/","title":{"rendered":"Rates for tax deduction at source For Assessment year 2025-26"},"content":{"rendered":"\n

 <\/p>\n

Income <\/span>Tax Department <\/b><\/p>\n

Government <\/b>of <\/b>India <\/b><\/p>\n

Rates for <\/b>tax <\/span>deduction at <\/b>source <\/span><\/p>\n

[For <\/b>Assessment year 2025-26] <\/span><\/p>\n

TDS <\/span><\/i>Rates (<\/i><\/b>in <\/i><\/b>%) <\/span><\/i><\/p>\n

Particulars <\/i><\/b><\/p>\n

    \n
  1. In the <\/b>case <\/b>of <\/b>a <\/span>person <\/b>other <\/b>than a <\/span>company <\/b><\/li>\n<\/ol>\n

    1.1 <\/b>where <\/b>the <\/b>person <\/span>is <\/span>resident in <\/b>India- <\/b><\/p>\n

    Section <\/b>192<\/b>: <\/b>Payment of salary <\/b><\/p>\n

    Section 192A<\/b>: <\/b>Payment <\/b>of <\/span>accumulated <\/span>balance of <\/b>provident <\/span>fund which <\/b>is <\/span>taxable in <\/b>the hands <\/b>of <\/b>an <\/span>employee<\/b>. <\/span><\/p>\n

    Section 193<\/b>: Interest <\/b>on <\/b>securities <\/b><\/p>\n

    Normal <\/b>Slab <\/b>Rate <\/b><\/p>\n

    10 <\/span><\/p>\n

      \n
    1. a) <\/b>any <\/span>debentures or securities <\/span>for <\/span>money <\/b>issued <\/span>by or <\/b>on <\/span>behalf <\/b>of <\/span>any <\/b>local authority <\/span>or <\/b>a <\/span>corporation established <\/b>by <\/span>a Central<\/b>, State <\/span>or <\/span>Provincial Act<\/b>; <\/span><\/li>\n<\/ol>\n

      10 <\/span><\/p>\n

        \n
      1. b) <\/b>any <\/span>debentures <\/span>issued by a <\/span>company <\/span>where <\/span>such <\/b>debentures are listed <\/span>on <\/b>a <\/span>recognised stock <\/span>exchange <\/span>in <\/span>accordance <\/span>with the <\/b>Securities Contracts <\/span>(Regulation<\/b>) <\/span>Act<\/span>, <\/span>1956 (42 of <\/span>1956) <\/b>and any <\/b>rules made <\/span>thereunder<\/span>; <\/span><\/li>\n<\/ol>\n

        10 <\/span><\/p>\n

          \n
        1. c) <\/b>any security <\/span>of <\/span>the <\/b>Central <\/span>or <\/span>State Government<\/b>; <\/span><\/li>\n<\/ol>\n

          [i.e. <\/span>8% <\/b>Savings (Taxable<\/span>) Bonds, <\/b>2003 and 7.75<\/span>% <\/b>Saving <\/span>(Taxable) <\/b>Bonds, 2018] <\/span><\/p>\n

            \n
          1. d) <\/b>interest <\/span>on any <\/span>other security <\/span><\/li>\n<\/ol>\n

            10 <\/b><\/p>\n

            10 <\/span><\/p>\n

            Section <\/b>194<\/b>: <\/b>Income <\/span>by <\/b>way <\/b>of dividend <\/span><\/p>\n

            10 <\/span><\/p>\n

            Section 194A<\/b>: <\/b>Income <\/span>by way <\/b>of interest <\/span>other <\/b>than <\/span>\u201cInterest <\/b>on <\/b>securities\u201d <\/span><\/p>\n

            10 <\/b><\/p>\n

            Section 194B<\/b>: <\/b>Income by <\/span>way <\/b>of <\/span>winnings <\/b>from lotteries, <\/span>crossword <\/b>puzzles<\/b>, <\/span>card games <\/span>and other <\/span>games <\/span>of <\/span>any <\/span>sort<\/span>, or from <\/span>gambling <\/b>or <\/span>betting of <\/span>any form <\/b>or nature <\/span>whatsoever<\/b>. <\/span><\/p>\n

            30 <\/b><\/p>\n

            30 <\/b><\/p>\n

            30 <\/span><\/p>\n

            Section 194BA<\/b>: <\/b>Income <\/span>by <\/span>way of winnings <\/b>from any online game <\/span><\/p>\n

            Section 194BB<\/b>: <\/b>Income <\/span>by way of <\/b>winnings <\/b>from horse races <\/span><\/p>\n

            Section 194C<\/b>: Payment <\/b>to contractor<\/span>\/sub-<\/span>contractor <\/span><\/p>\n

              \n
            1. a) <\/b>HUF\/Individuals <\/span><\/li>\n
            2. b) <\/b>Others <\/span><\/li>\n<\/ol>\n

              Section <\/span>194D<\/b>: <\/b>Insurance commission <\/b><\/p>\n

              Section 194DA<\/b>: <\/b>Payment in respect of <\/span>life <\/b>insurance <\/span>policy <\/b><\/p>\n

              about:blank <\/b><\/p>\n

              1 <\/span><\/p>\n

              2 <\/b><\/p>\n

              5 <\/span><\/p>\n

              5 <\/span><\/p>\n

              1\/10 <\/b><\/p>\n

               <\/p>\n

              Income Tax Department <\/b><\/p>\n

              w.e.f. 1\/9\/2019, the tax <\/span>shall <\/b>be <\/span>deducted on <\/span>the <\/b>amount <\/span>of <\/span>income <\/span>comprised in <\/span>insurance <\/span>pay-<\/b>out <\/span><\/p>\n

              Section 194EE<\/b>: <\/b>Payment <\/b>in <\/span>respect of <\/b>deposit under <\/span>National <\/b>Savings scheme <\/span><\/p>\n

              Section <\/b>194F<\/b>: <\/b>Payment on <\/b>account of repurchase of <\/span>unit <\/b>by Mutual Fund or <\/span>Unit <\/b>Trust <\/b>of India <\/span><\/p>\n

              Section 194G<\/b>: <\/b>Commission, <\/span>etc.<\/span>, on sale <\/b>of <\/span>lottery tickets <\/span><\/p>\n

              Section 194H<\/b>: <\/b>Commission <\/span>or <\/b>brokerage <\/span><\/p>\n

              Section <\/b>194<\/b>-I<\/b>: <\/b>Rent <\/b><\/p>\n

                \n
              1. a) <\/b>Plant <\/span>& <\/i><\/b>Machinery <\/b><\/li>\n
              2. b) <\/b>Land <\/b>or <\/span>building <\/span>or furniture or <\/span>fitting <\/span><\/li>\n<\/ol>\n

                Section <\/b>194<\/b>\u2013<\/b>IA<\/b>: <\/b>Payment on transfer of certain <\/span>immovable <\/span>property other <\/span>than agricultural land <\/b><\/p>\n

                Section 194<\/b>\u2013<\/b>IB<\/b>: <\/b>Payment of rent by individual <\/b>or <\/span>HUF <\/b>not <\/span>liable <\/b>to <\/span>tax audit <\/b><\/p>\n

                Section 194<\/b>\u2013<\/span>IC<\/b>: <\/b>Payment of <\/span>monetary <\/b>consideration under <\/span>Joint <\/b>Development Agreements <\/span><\/p>\n

                10 <\/span><\/p>\n

                20 <\/b><\/p>\n

                5 <\/span><\/p>\n

                5 <\/span><\/p>\n

                2 <\/span><\/p>\n

                10 <\/span><\/p>\n

                1 <\/span><\/p>\n

                5 <\/span><\/p>\n

                10 <\/span><\/p>\n

                Section 194J<\/b>: Fees <\/b>for <\/span>professional <\/b>or technical <\/span>services<\/b>: <\/span><\/p>\n

                  \n
                1. i<\/span>) <\/span>sum paid or <\/span>payable <\/b>towards <\/span>fees <\/span>for <\/span>technical services <\/b><\/li>\n<\/ol>\n

                  2 <\/b><\/p>\n

                  2 <\/b><\/p>\n

                    \n
                  1. ii) sum paid <\/span>or <\/span>payable <\/b>towards <\/span>royalty <\/b>in <\/span>the <\/b>nature <\/span>of consideration for <\/span>sale<\/b>, <\/span><\/li>\n<\/ol>\n

                    distribution or <\/span>exhibition of <\/b>cinematographic films<\/span>; <\/b><\/p>\n

                    10 <\/b><\/p>\n

                    iii<\/b>) <\/b>Any <\/b>other <\/b>sum <\/span><\/p>\n

                    Note<\/b>: <\/span>With <\/b>effect from <\/span>June <\/b>1, <\/span>2017 <\/b>the rate <\/b>of <\/b>TDS <\/b>would <\/span>be <\/span>2% <\/span>in <\/b>case <\/span>of <\/span>engaged <\/span>in <\/span>business of operation <\/b>of call <\/span>center<\/b>. <\/span><\/p>\n

                    payee <\/span><\/p>\n

                    Section <\/b>194K<\/b>: <\/b>Income in <\/span>respect <\/span>of <\/b>units payable <\/b>to resident <\/span>person <\/b><\/p>\n

                    10 <\/span><\/p>\n

                    10 <\/span><\/p>\n

                    Section 194LA<\/b>: <\/b>Payment <\/b>of compensation on acquisition of <\/span>certain <\/b>immovable <\/span>property <\/b><\/p>\n

                    Section 194LBA(1)<\/b>: <\/b>Business trust <\/span>shall <\/b>deduct <\/span>tax <\/b>while <\/b>distributing, any interest received or <\/span>receivable <\/b>by it from a SPV or <\/span>any <\/b>income <\/span>received from renting or <\/span>leasing <\/b>or letting out any real estate asset <\/span>owned <\/b>directly by it<\/span>, to <\/span>its unit <\/b>holders<\/span>. <\/span><\/p>\n

                    Section 194LBB<\/b>: <\/b>Investment fund paying an income to a <\/span>unit <\/b>holder [other <\/span>than <\/span>income which <\/span>is <\/span>exempt under <\/b>Section <\/b>10<\/span>(<\/b>23FBB<\/b>)<\/span>] <\/span><\/p>\n

                    Section 194LBC<\/b>: <\/b>Income <\/span>in respect of investment made in a securitisation <\/span>trust <\/span>(specified <\/b>in <\/span>Explanation <\/span><\/i>of <\/b>section <\/b>115TCA<\/b>) <\/b><\/p>\n

                    10 <\/span><\/p>\n

                    10 <\/span><\/p>\n

                    25 <\/span>in <\/b>case <\/b>of Individual <\/b>or <\/span>HUF <\/b><\/p>\n

                    Section 194M<\/b>: <\/b>Payment of commission (not <\/span>being <\/span>insurance <\/b>commission<\/span>), <\/b>brokerage, <\/span>contractual fee, professional fee <\/span>to a <\/span>resident person by <\/b>an <\/span>Individual <\/b>or a <\/span>HUF who <\/b>are <\/b>not <\/span>liable to <\/b>deduct <\/span>TDS <\/b>under <\/span>section <\/b>194C<\/span>, <\/span>194H<\/span>, <\/b>or <\/span>194J<\/span>. <\/span><\/p>\n

                    Tax <\/b>shall be <\/span>deducted under <\/b>Section <\/b>194M <\/b>with effect <\/b>from <\/b>1\/09\/2019 <\/span>when <\/b>aggregate <\/span>of <\/b>sum <\/span>credited <\/span>or <\/span>paid <\/b>during a <\/span>financial <\/b>year <\/span>exceeds <\/span>Rs. 50 <\/span>lakh<\/b>. <\/span><\/p>\n

                    30 <\/b>in <\/b>case of <\/b>other <\/b><\/p>\n

                    person <\/b><\/p>\n

                    5 <\/span><\/p>\n

                     <\/p>\n

                    2\/10 <\/b><\/b><\/p>\n

                    Income Tax Department <\/span><\/p>\n

                    Section 194N<\/b>: <\/span>Cash withdrawal <\/b>during <\/span>the <\/b>previous <\/span>year from one or more <\/span>account <\/span>maintained <\/b>by a person <\/span>with <\/span>a banking <\/span>company<\/span>, co<\/span>\u2013<\/b>operative society engaged in <\/span>business <\/b>of <\/span>banking <\/b>or a <\/span>post office: <\/span><\/p>\n

                      \n
                    1. i) <\/b>in <\/b>excess of <\/span>Rs<\/b>. <\/span>1 <\/span>crore# <\/span><\/li>\n
                    2. ii) in excess <\/b>of <\/b>Rs<\/b>. <\/span>20 <\/b>lakhs* <\/b><\/li>\n<\/ol>\n

                      * for <\/span>those persons <\/span>who have <\/b>not <\/span>filed return of <\/b>income (<\/span>ITR<\/b>) <\/span>for <\/span>three <\/b>previous <\/span>years immediately <\/b>preceding <\/span>the <\/b>previous year <\/span>in which cash is withdrawn<\/b>, <\/b>and the <\/span>due <\/span>date <\/b>for filing ITR under <\/span>section <\/b>139(1) <\/span>has <\/b>expired<\/b>. The deduction of <\/span>tax <\/b>under this <\/span>situation <\/span>shall <\/b>be at the <\/b>rate <\/span>of: <\/span><\/p>\n

                        \n
                      1. a) <\/b>2% from <\/span>the <\/b>amount <\/span>withdrawn <\/b>in <\/span>cash <\/b>if <\/span>the <\/b>aggregate <\/span>of the amount of <\/span><\/li>\n<\/ol>\n

                        withdrawal <\/b>exceeds <\/b>Rs<\/b>. <\/b>20 lakhs <\/span>during <\/span>the <\/b>previous <\/span>year; or <\/b><\/p>\n

                          \n
                        1. b) 5% from the amount withdrawn in cash if the aggregate of the amount of <\/span><\/li>\n<\/ol>\n

                          withdrawal exceeds <\/b>Rs. 1 crore <\/span>during <\/span>the <\/b>previous <\/span>year. <\/span><\/p>\n

                          # <\/span>The threshold <\/b>limit <\/b>of <\/b>Rs. 1 <\/span>crore <\/b>is increased <\/b>to Rs<\/span>. 3 <\/b>croresif <\/span>the withdrawal <\/b>of <\/span><\/p>\n

                          cash is made <\/b>by <\/span>co-operative <\/b>society<\/span>. <\/span><\/p>\n

                          Section 194-0<\/b>: <\/b>Payment or credit of <\/span>amount <\/span>by the e-<\/span>commerce <\/span>operator to e- <\/span>commerce <\/span>participant <\/span><\/p>\n

                          2 <\/b><\/p>\n

                          2\/5 <\/span><\/p>\n

                          1 <\/span><\/p>\n

                          Section <\/b>194P: <\/b>Deduction of <\/span>tax by <\/b>specified <\/span>bank in <\/b>case of <\/span>senior citizen <\/span>having <\/b>age Tax <\/span>on <\/b>total income <\/span>of 75 <\/span>or <\/b>more <\/span><\/p>\n

                          as per <\/span>rate in <\/b>force <\/span><\/p>\n

                          Section 194Q<\/b>: <\/b>Payment <\/b>for <\/span>purchase of <\/span>goods <\/span>of the <\/span>aggregate <\/b>value exceeding <\/span>Rs<\/b>. <\/span>50 <\/b>lakhs <\/b><\/p>\n

                          0.1 <\/span><\/p>\n

                          Note<\/span>: <\/span>TDS is <\/b>deductible <\/b>on sum <\/span>exceeding <\/span>Rs. 50 <\/b>lakhs <\/span><\/p>\n

                          Section 194R<\/b>: <\/b>Deduction of tax <\/span>in <\/b>case any <\/b>benefit or perquisite is <\/span>provided <\/b>and <\/b>aggregate <\/b>value <\/span>of such <\/span>benefit\/<\/b>perquisite <\/span>exceeds <\/b>Rs<\/b>. 20,000 <\/span><\/p>\n

                          10 <\/span><\/p>\n

                          Note: Benefit or perquisite should be <\/span>arising <\/b>from business <\/span>or <\/span>the <\/b>exercise of <\/span>a <\/b>profession by such <\/b>resident<\/b>. <\/span><\/p>\n

                          Section 194S<\/b>: <\/b>Payment <\/b>on transfer <\/span>of <\/b>Virtual Digital Asset <\/span><\/p>\n

                          1 <\/span><\/p>\n

                          Note<\/span>: No <\/b>tax shall <\/b>be deducted under <\/span>this <\/span>provision <\/b>in <\/span>the following circumstance<\/b>: <\/span><\/p>\n

                            \n
                          • If <\/span>the <\/b>consideration is payable <\/span>by <\/b>any person <\/span>(other <\/span>than a <\/span>specified <\/span>person<\/span>) <\/b>and <\/span>its aggregate <\/span>value does not <\/span>exceed <\/span>Rs<\/span>. 10,000 <\/b>during the <\/span>financial <\/b>year. <\/span><\/li>\n
                          • if <\/span>the consideration is payable <\/b>by <\/span>a <\/b>specified <\/span>person <\/b>and <\/span>its aggregate <\/b>value does <\/span>not <\/b>exceed <\/span>Rs<\/b>. <\/span>50,000 <\/span>during <\/span>the <\/b>financial year<\/span>. <\/span><\/li>\n<\/ul>\n

                            Specified <\/b>person <\/span>means: <\/span><\/p>\n

                            (<\/b>a) <\/b>An <\/span>individual or a <\/span>HUF<\/b>, whose total sales, gross receipts or turnover does not <\/span>exceed <\/span>Rs. 1 crore <\/span>in <\/span>case <\/span>of <\/b>business <\/b>or <\/b>Rs. 50 <\/span>lakhs <\/b>in case <\/span>of a <\/b>profession<\/b>, <\/span>during <\/b>the <\/span>financial <\/b>year immediately <\/span>preceding <\/b>the <\/b>financial year <\/span>in which virtual <\/b>digital <\/b>asset is transferred<\/b>; <\/span><\/p>\n

                            (b) <\/b>An <\/span>individual or <\/span>a <\/span>HUF <\/b>who does <\/span>not have <\/b>any <\/span>income under <\/span>the <\/span>head profits and <\/span>gains <\/b>of business <\/b>or <\/span>profession<\/b>. <\/span><\/p>\n

                            Any <\/b>Other <\/span>Income <\/b><\/p>\n

                             <\/p>\n

                            10 <\/span><\/p>\n

                            3\/10 <\/b><\/p>\n

                            3\/22\/24, 7:05 PM <\/b><\/p>\n

                            1.2 where the <\/b>person is <\/span>not <\/b>resident <\/span>in India<\/b>*<\/span>\u2013 <\/b><\/p>\n

                            Section <\/b>192<\/b>: <\/b>Payment <\/b>of <\/span>Salary <\/b><\/p>\n

                            Income <\/span>Tax <\/b>Department <\/span><\/p>\n

                            Section <\/b>192A<\/b>: <\/b>Payment <\/span>of <\/b>accumulated balance <\/span>of provident <\/b>fund <\/span>which is taxable in the hands <\/b>of an <\/span>employee<\/span>. <\/span><\/p>\n

                            Normal Slab <\/b>Rate <\/b><\/p>\n

                            10 <\/span><\/p>\n

                            Section 194B<\/b>: <\/b>Income <\/span>by <\/b>way of <\/span>winnings <\/b>from lotteries, <\/span>crossword <\/b>puzzles, card <\/span>games and other <\/b>games <\/span>of any <\/b>sort <\/span>or from <\/span>gambling <\/b>or betting of any <\/span>form or nature <\/b>whatsoever<\/b>. <\/span><\/p>\n

                            30 <\/span><\/p>\n

                            Section 194BA<\/b>: <\/b>Income by <\/span>way <\/b>of <\/b>winnings from any online game <\/span><\/p>\n

                            Section 194BB<\/b>: <\/b>Income by <\/span>way <\/span>of <\/b>winnings <\/b>from <\/span>horse <\/b>races <\/span><\/p>\n

                            Section 194E<\/b>: <\/b>Payment <\/b>to <\/span>non<\/span>-resident sportsmen<\/span>\/<\/b>sports <\/span>association <\/span><\/p>\n

                            Section 194EE<\/b>: <\/b>Payment in <\/b>respect <\/span>of <\/span>deposits <\/b>under <\/span>National Savings <\/b>Scheme <\/span><\/p>\n

                            Section <\/b>194F<\/span>:<\/b>Payment <\/b>on <\/span>account <\/span>of <\/b>repurchase <\/b>of <\/span>unit <\/b>by Mutual <\/b>Fund or <\/b>Unit <\/b>Trust <\/span>of India <\/b><\/p>\n

                            Section 194G<\/b>: <\/b>Commission<\/span>, <\/span>etc.<\/span>, <\/b>on <\/span>sale <\/b>of lottery <\/span>tickets <\/b><\/p>\n

                            Section 194LB<\/b>: <\/b>Payment <\/b>of <\/b>interest <\/span>on <\/b>infrastructure <\/span>debt <\/span>fund <\/span><\/p>\n

                            Sec. 194LBA(2)<\/b>: <\/b>Payment <\/b>of the nature <\/span>referred <\/span>to in <\/span>Section 10<\/span>(23FC<\/b>)<\/span>(a)<\/b>. <\/span><\/p>\n

                            Section 194LBA(2)<\/b>: <\/b>Payment of <\/span>the nature <\/span>referred <\/b>to in <\/span>Section <\/span>10<\/span>(<\/b>23FC<\/b>)(b)<\/span>. <\/span><\/p>\n

                            Section 194LBA(3)<\/b>: <\/b>Payment of <\/span>the nature <\/b>referred <\/b>to <\/span>in <\/b>section 10<\/span>(23FCA) <\/b>by <\/span>business <\/b>trust <\/b>to <\/span>unit holders <\/b><\/p>\n

                            30 <\/b><\/p>\n

                            30 <\/b><\/p>\n

                            20 <\/b><\/p>\n

                            10 <\/span><\/p>\n

                            20 <\/b><\/p>\n

                            5 <\/span><\/p>\n

                            5 <\/span><\/p>\n

                            5 <\/span><\/p>\n

                            10 <\/b><\/p>\n

                            30 <\/b><\/p>\n

                            Section 194LBB<\/b>: Investment <\/b>fund <\/span>paying <\/b>an <\/span>income <\/b>to a <\/span>unit <\/b>holder [other <\/span>than <\/span>income <\/span>which is <\/b>exempt <\/span>under <\/b>Section <\/b>10<\/span>(23FBB<\/b>)<\/span>]<\/b>. <\/span><\/p>\n

                            30 <\/b><\/p>\n

                            Section 194LBC<\/b>: <\/b>Income in respect of investment <\/span>made <\/b>in <\/b>a <\/b>securitisation trust <\/span>(<\/b>specified <\/span>in <\/b>Explanation <\/i><\/b>of <\/b>section115TCA<\/b>) <\/b><\/p>\n

                            30 <\/b><\/p>\n

                            Section 194LC<\/b>: <\/b>Payment <\/b>of interest by <\/span>an <\/b>Indian Company <\/b>or <\/span>a <\/b>business <\/span>trust <\/span>in <\/b>respect <\/span>of <\/b>money <\/span>borrowed <\/b>in foreign currency <\/span>under <\/b>a loan <\/span>agreement or <\/b>by <\/span>way <\/b>of <\/span>issue <\/b>of long<\/b>\u2013<\/span>term <\/span>bonds <\/b>(<\/span>including <\/b>long-term <\/span>infrastructure <\/b>bond<\/span>) <\/span><\/p>\n

                             <\/p>\n

                            5 <\/span>or 4<\/b>* <\/span>or 9<\/b>** <\/span><\/p>\n

                            * <\/b>In case <\/b>where <\/b>interest <\/span>is <\/span>payable <\/b>in <\/b>respect of Long- term <\/span>Bond or <\/span>Rupee <\/b>Denominated <\/b>Bond <\/span>listed <\/span>on <\/b>recognised stock <\/span>exchange <\/span>located <\/b>in IFSC <\/b><\/p>\n

                            ** <\/span>Where <\/b>money <\/span>borrowed from <\/b>a <\/span>source <\/span>outside <\/b>India <\/b>by <\/b>issuing a <\/span>long- <\/span>term <\/span>bond or <\/b>rupee- <\/span>denominated bond <\/b><\/p>\n

                            on or after <\/b>01-04- <\/b>2023<\/span>, <\/span>which <\/b>is <\/span>listed only on <\/b>a <\/span>recognised stock <\/b><\/p>\n

                            4\/10 <\/b><\/p>\n

                             <\/p>\n

                            Income <\/span>Tax Department <\/b><\/p>\n

                            Section <\/b>194LD<\/span>: <\/span>Payment <\/b>of interest on <\/span>rupee <\/b>denominated <\/span>bond of an Indian Company <\/span>or <\/b>Government <\/span>securities <\/span>to <\/span>a <\/b>Foreign Institutional <\/span>Investor <\/b>or a Qualified <\/span>Foreign Investor <\/span><\/p>\n

                            Section <\/b>195<\/b>: Payment of <\/b>any <\/span>other <\/b>sum <\/b>to a Non-<\/b>resident <\/span><\/p>\n

                              \n
                            1. a<\/b>) <\/b>Income in <\/span>respect <\/span>of investment made by <\/b>a <\/span>Non<\/b>\u2013<\/span>resident <\/b>Indian <\/b>Citizen <\/span><\/li>\n
                            2. b<\/b>) <\/span>Income <\/span>by <\/b>way <\/b>of <\/span>long-term <\/span>capital <\/span>gains referred to <\/span>in <\/span>Section <\/span>115E <\/span>in case <\/span>of <\/span>a <\/span>Non-resident Indian <\/b>Citizen <\/b><\/li>\n
                            3. c) <\/b>Income <\/span>by way <\/b>of <\/span>long<\/b>-term capital <\/span>gains <\/b>referred <\/span>to <\/span>in <\/b>sub<\/b>\u2013<\/b>clause <\/b>(<\/span>iii<\/b>) of <\/span>clause <\/b>(<\/span>c) <\/b>of <\/b>sub<\/span>\u2013<\/b>Section <\/b>(1) <\/span>of <\/b>Section <\/b>112 <\/span><\/li>\n
                            4. d<\/b>) Income <\/span>by way <\/b>of <\/span>long-<\/span>term <\/span>capital <\/b>gains <\/span>as <\/b>referred <\/span>to <\/span>in <\/b>Section 112A <\/span><\/li>\n
                            5. e<\/b>) Income <\/span>by <\/span>way of <\/b>short-<\/span>term <\/span>capital gains referred <\/span>to in <\/span>Section <\/span>111A <\/span><\/li>\n<\/ol>\n

                              exchange <\/span>located <\/span>in <\/span><\/p>\n

                              an <\/b>IFSC <\/b><\/p>\n

                              5 <\/span><\/p>\n

                              20 <\/b><\/p>\n

                              10 <\/b><\/p>\n

                              10 <\/span><\/p>\n

                              10 <\/span><\/p>\n

                              15 <\/b><\/p>\n

                                \n
                              1. f) <\/span>Any <\/b>other income <\/span>by <\/b>way <\/span>of long-term <\/span>capital <\/span>gains <\/b>[<\/b>not <\/b>being long<\/span>\u2013<\/span>term <\/span>capital <\/b>gains <\/b>referred <\/span>to in <\/span>clauses <\/b>10(33<\/b>)<\/b>, <\/b>10(36<\/span>) <\/span>and <\/span>112A <\/b><\/li>\n<\/ol>\n

                                20 <\/b><\/p>\n

                                  \n
                                1. g<\/span>) Income <\/span>by <\/b>way of <\/span>interest <\/span>payable by <\/b>Government <\/span>or an <\/span>Indian concern <\/span>on moneys <\/span>borrowed <\/b>or <\/span>debt incurred <\/span>by Government <\/b>or <\/span>the Indian <\/b>concern <\/span>in <\/b>foreign <\/span>currency (not <\/span>being <\/span>income <\/span>by way of <\/b>interest <\/span>referred <\/span>to in <\/span>Section <\/span>194LB <\/b>or <\/span>Section <\/b>194LC<\/b>) <\/span><\/li>\n
                                2. h) Income by way of <\/span>royalty <\/b>payable <\/b>by Government or an Indian concern in <\/span>pursuance <\/span>of an <\/b>agreement <\/span>made <\/span>by <\/b>it <\/span>with the <\/b>Government <\/span>or <\/span>the Indian <\/b>concern where <\/span>such <\/span>royalty <\/span>is <\/b>in <\/span>consideration for <\/span>the <\/span>transfer <\/span>of <\/b>all <\/span>or <\/span>any <\/span>rights <\/b>(including <\/span>the granting <\/b>of <\/span>a <\/span>licence) <\/b>in <\/span>respect <\/span>of <\/b>copyright <\/span>in any book <\/span>on <\/b>a <\/b>subject <\/span>referred to <\/span>in <\/b>the <\/span>first <\/b>proviso <\/span>to sub-<\/span>section <\/span>(<\/span>1A) <\/b>of <\/span>Section 115A <\/b>of the <\/b>Income<\/span>-tax <\/b>Act, to <\/span>the <\/b>Indian <\/b>concern, or <\/span>in respect of any <\/b>computer software referred to <\/span>in the <\/b>second <\/span>proviso to sub<\/span>\u2013<\/b>section (1A) of <\/span>Section <\/b>115A <\/span>of the Income<\/span>-tax <\/b>Act, to <\/span>a <\/span>person <\/b>resident <\/b>in India <\/b><\/li>\n
                                3. i) <\/b>Income by <\/span>way <\/b>of royalty [not being royalty of <\/span>the nature <\/span>referred to point h) <\/span>above<\/span>] payable <\/b>by <\/b>Government or <\/span>an Indian <\/b>concern <\/span>in <\/b>pursuance <\/b>of an agreement <\/span>made <\/b>by <\/b>it <\/span>with the <\/b>Government <\/b>or the Indian <\/b>concern <\/span>and <\/b>where <\/b>such <\/span>agreement is <\/b>with <\/span>an <\/b>Indian <\/b>concern<\/b>, <\/span>the <\/b>agreement <\/span>is <\/b>approved <\/b>by <\/span>the Central <\/b>Government or where <\/span>it <\/span>relates <\/b>to a <\/span>matter <\/b>included <\/b>in <\/span>the <\/b>industrial <\/b>policy, for <\/span>the <\/b>time being <\/span>in <\/b>force<\/span>, of the <\/span>Government <\/span>of <\/span>India<\/b>, <\/b>the agreement <\/span>is <\/b>in <\/b>accordance with that <\/b>policy <\/span><\/li>\n
                                4. j) <\/span>Income <\/span>by <\/span>way <\/b>of <\/span>fees <\/b>for <\/span>technical <\/b>services <\/b>payable by <\/b>Government <\/span>or <\/span>an Indian <\/b>concern <\/span>in pursuance of <\/span>an <\/b>agreement <\/span>made by <\/b>it <\/span>with the <\/b>Government <\/span>or the <\/span>Indian <\/span>concern and where such agreement <\/span>is with <\/b>an Indian concern, <\/span>the <\/span>agreement is <\/span>approved <\/b>by <\/span>the <\/b>Central Government or where <\/span>it <\/span>relates <\/b>to <\/span>a <\/b>matter <\/span>included <\/b>in <\/span>the <\/b>industrial <\/b>policy, for <\/span>the <\/b>time <\/span>being <\/b>in force, of the Government of <\/span>India<\/b>, <\/span>the <\/b>agreement <\/span>is <\/b>in <\/span>accordance with <\/b>that <\/span>policy <\/b><\/li>\n<\/ol>\n

                                  20 <\/b><\/p>\n

                                  20 <\/b><\/p>\n

                                  20 <\/b><\/p>\n

                                  20 <\/span><\/p>\n

                                    \n
                                  1. k) <\/b>Any other <\/b>income <\/span><\/li>\n<\/ol>\n

                                    30 <\/b><\/p>\n

                                    Section 196B<\/b>: <\/b>Income <\/span>from units (including long-term <\/span>capital <\/b>gain on transfer of <\/span>such <\/b>units) <\/b>to <\/span>an offshore fund <\/span><\/p>\n

                                    10 <\/span><\/p>\n

                                    Section <\/span>196C<\/b>: <\/b>Income from <\/span>foreign currency bonds or <\/span>GDR <\/span>of <\/span>an Indian company <\/b>(<\/b>including <\/span>long<\/b>-term capital <\/span>gain <\/b>on <\/span>transfer of such <\/b>bonds or <\/span>GDR<\/b>) <\/b><\/p>\n

                                    10 <\/b><\/p>\n

                                     <\/p>\n

                                    5\/10 <\/b><\/p>\n

                                     <\/p>\n

                                    Income Tax Department <\/span><\/p>\n

                                    Section 196D<\/b>: <\/b>Income <\/span>of foreign <\/span>Institutional <\/span>Investors from <\/b>securities <\/span>(<\/b>not <\/span>being <\/span>dividend <\/b>or <\/span>capital gain <\/b>arising <\/b>from such <\/span>securities) <\/b><\/p>\n

                                    Note: Tax <\/b>shall <\/span>be deducted <\/b>at <\/b>the <\/b>rate <\/b>provided under DTAA <\/span>if same <\/b>is <\/b>lower <\/span>than the <\/b>existing <\/span>TDS <\/b>rate of <\/span>20%. <\/span><\/p>\n

                                      \n
                                    1. In the <\/b>case <\/b>of <\/b>a <\/span>company- <\/b><\/li>\n<\/ol>\n

                                      2.1 where the company is <\/b>a <\/b>domestic <\/b>company- <\/b><\/p>\n

                                      Section <\/b>193<\/b>: <\/b>Interest on <\/b>securities <\/span><\/p>\n

                                      20 <\/b><\/p>\n

                                        \n
                                      1. a<\/span>) any <\/b>debentures <\/span>or <\/span>securities <\/span>for <\/span>money <\/span>issued <\/b>by <\/span>or <\/b>on behalf <\/span>of <\/span>any local <\/span>authority <\/span>or a corporation <\/span>established <\/b>by a Central<\/b>, <\/span>State <\/b>or <\/span>Provincial Act<\/b>; <\/span><\/li>\n<\/ol>\n

                                        10 <\/span><\/p>\n

                                          \n
                                        1. b) any debentures issued by <\/span>a <\/span>company where <\/span>such <\/b>debentures are listed on a <\/span>recognised stock <\/span>exchange <\/span>in <\/span>accordance <\/b>with the <\/span>Securities <\/b>Contracts <\/span>(<\/b>Regulation<\/span>) Act<\/span>, <\/span>1956 <\/b>(<\/span>42 <\/b>of 1956) <\/span>and any <\/span>rules <\/span>made <\/span>thereunder; <\/span><\/li>\n
                                        2. c<\/b>) any <\/b>security <\/span>of <\/b>the <\/b>Central <\/b>or <\/span>State Government<\/b>; <\/span><\/li>\n<\/ol>\n

                                          [i.e. <\/span>8% <\/b>Saving <\/b>(Taxable) Bonds<\/span>, <\/span>2003 <\/b>and <\/b>7.75<\/span>% Saving <\/b>(<\/span>Taxable<\/b>) Bonds<\/span>, 2018] <\/b><\/p>\n

                                            \n
                                          1. d<\/b>) <\/span>interest on any <\/span>other <\/b>security <\/span><\/li>\n<\/ol>\n

                                            Section <\/b>194<\/b>: <\/b>Dividend <\/b><\/p>\n

                                            Section <\/b>194A<\/b>: <\/b>Income <\/span>by way <\/b>of <\/span>interest <\/span>other than <\/b>\u201c<\/b>Interest <\/span>on <\/span>securities\u201d <\/span><\/p>\n

                                            Section 194B<\/b>: <\/b>Income <\/b>by way <\/b>of <\/span>winnings <\/b>from lotteries, <\/span>crossword <\/b>puzzles<\/b>, card games <\/span>and <\/b>other games <\/span>of any <\/b>sort <\/span>or <\/b>from gambling or betting <\/span>of any <\/b>form or nature <\/span>whatsoever<\/b>. <\/span><\/p>\n

                                            Section 194BA<\/b>: <\/b>Income by <\/span>way <\/b>of <\/b>winnings from any <\/span>online <\/span>game <\/span><\/p>\n

                                            Section 194BB<\/b>: <\/b>Income <\/span>by <\/span>way of winnings <\/b>from horse <\/span>races <\/span><\/p>\n

                                            10 <\/span><\/p>\n

                                            10 <\/span><\/p>\n

                                            10 <\/span><\/p>\n

                                            10 <\/b><\/p>\n

                                            10 <\/span><\/p>\n

                                            30 <\/b><\/p>\n

                                            30 <\/span><\/p>\n

                                            30 <\/span><\/p>\n

                                            Section 194C<\/b>: Payment <\/b>to contractor<\/span>\/sub-contractor <\/span><\/p>\n

                                              \n
                                            1. a<\/b>) <\/b>HUF<\/span>\/Individuals <\/b><\/li>\n
                                            2. b) <\/b>Others <\/span><\/li>\n<\/ol>\n

                                              Section <\/b>194D<\/b>: <\/b>Insurance commission <\/b><\/p>\n

                                              1 <\/span><\/p>\n

                                              2 <\/span><\/p>\n

                                              10 <\/b><\/p>\n

                                              Section 194DA<\/b>: <\/b>Payment <\/b>in <\/b>respect of life <\/span>insurance <\/span>policy <\/span><\/p>\n

                                              5 <\/span><\/p>\n

                                              w.e.f. <\/b>1\/9\/2019, <\/span>the <\/b>tax shall <\/b>be deducted on <\/span>the <\/b>amount <\/span>of <\/span>income <\/span>comprised in <\/span>insurance pay-<\/b>out <\/span><\/p>\n

                                              Section 194EE<\/b>: <\/b>Payment in respect <\/span>of deposit <\/b>under <\/span>National Savings <\/b>scheme <\/span><\/p>\n

                                              10 <\/span><\/p>\n

                                              Section 194F<\/b>: <\/b>Payment <\/b>on <\/b>account <\/span>of <\/b>repurchase <\/b>of unit by Mutual Fund or Unit <\/span>Trust <\/b>of India <\/span><\/p>\n

                                              20 <\/b><\/p>\n

                                              Section 194G<\/b>: <\/b>Commission<\/span>, etc.<\/span>, <\/span>on <\/b>sale of <\/b>lottery <\/span>tickets <\/b><\/p>\n

                                              Section <\/b>194H<\/span>: <\/b>Commission <\/span>or <\/b>brokerage <\/b><\/p>\n

                                              5 <\/span><\/p>\n

                                              5 <\/span><\/p>\n

                                              Section 194<\/b>-I<\/b>: <\/b>Rent <\/b><\/p>\n

                                                \n
                                              1. a) <\/b>Plant <\/span>& <\/b>Machinery <\/span><\/li>\n<\/ol>\n

                                                2 <\/span><\/p>\n

                                                6\/10 <\/b><\/p>\n

                                                 <\/p>\n

                                                  \n
                                                1. b) <\/b>Land or <\/span>building <\/b>or furniture or fitting <\/span><\/li>\n<\/ol>\n

                                                  Income <\/span>Tax Department <\/b><\/p>\n

                                                  Section 194<\/b>\u2013<\/b>IA<\/b>:<\/b>Payment <\/span>on <\/span>transfer <\/b>of <\/span>certain <\/b>immovable property other <\/span>than <\/span>agricultural <\/span>land <\/b><\/p>\n

                                                  Section 194<\/b>\u2013<\/b>IC<\/b>:Payment <\/b>of monetary consideration under Joint Development Agreements <\/span><\/p>\n

                                                  Section <\/b>194J<\/b>: Fees <\/b>for <\/span>professional <\/b>or technical <\/span>services<\/b>: <\/span><\/p>\n

                                                  10 <\/span><\/p>\n

                                                  1 <\/span><\/p>\n

                                                  10 <\/span><\/p>\n

                                                  2 <\/b><\/p>\n

                                                    \n
                                                  1. iv) <\/span>sum paid <\/span>or <\/b>payable <\/span>towards fees <\/b>for <\/span>technical <\/b>services <\/b><\/li>\n<\/ol>\n

                                                    2 <\/span><\/p>\n

                                                      \n
                                                    1. v) <\/b><\/li>\n<\/ol>\n

                                                      sum <\/span>paid <\/b>or <\/span>payable <\/b>towards royalty <\/span>in the <\/b>nature <\/span>of <\/span>consideration <\/b>for sale<\/span>, <\/span>distribution <\/b>or exhibition <\/span>of <\/b>cinematographic <\/b>films<\/span>; <\/span><\/p>\n

                                                      10 <\/span><\/p>\n

                                                        \n
                                                      1. vi) Any <\/span>other sum <\/span><\/li>\n<\/ol>\n

                                                        Note: With <\/b>effect <\/span>from June <\/span>1, 2017 <\/span>the rate <\/b>of <\/span>TDS <\/span>would <\/span>be <\/b>2% <\/span>in case of <\/b>payee engaged <\/span>in <\/span>business <\/b>of <\/span>operation of <\/span>call <\/b>center<\/span>. <\/span><\/p>\n

                                                        Section 194K<\/b>: <\/b>Income in <\/b>respect <\/b>of units <\/b>payable <\/b>to resident <\/span>person <\/b><\/p>\n

                                                        10 <\/span><\/p>\n

                                                        10 <\/span><\/p>\n

                                                        Section 194LA<\/b>: <\/b>Payment <\/b>of <\/span>compensation <\/b>on <\/b>acquisition of certain <\/span>immovable <\/b>property <\/span><\/p>\n

                                                        Section 194LBA(1)<\/b>: <\/b>Business <\/b>trust <\/span>shall <\/b>deduct <\/span>tax <\/b>while <\/b>distributing, <\/span>any <\/b>interest received or <\/span>receivable <\/b>by it from <\/span>a SPV <\/b>or any <\/span>income <\/b>received from renting or <\/span>leasing or <\/span>letting <\/span>out any <\/span>real <\/span>estate <\/span>asset <\/span>owned <\/b>directly <\/span>by <\/span>it, to its unit <\/span>holders<\/span>. <\/span><\/p>\n

                                                        Section 194LBB<\/b>: <\/b>Investment fund paying <\/span>an <\/b>income to a unit holder [<\/span>other than income <\/span>which is exempt <\/b>under <\/span>Section <\/span>10(<\/b>23FBB<\/b>)<\/span>] <\/span>. <\/span><\/p>\n

                                                        10 <\/span><\/p>\n

                                                        10 <\/span><\/p>\n

                                                        Section 194LBC<\/b>: <\/b>Income <\/b>in respect of investment <\/span>made <\/b>in <\/span>a <\/b>securitisation <\/span>trust <\/span>(specified <\/b>in <\/b>Explanation <\/i><\/b>of <\/b>section115TCA<\/b>) <\/b><\/p>\n

                                                        10 <\/span><\/p>\n

                                                        Section 194M<\/b>: <\/b>Payment of commission <\/span>(<\/b>not <\/span>being <\/span>insurance commission<\/span>), brokerage, <\/span>contractual <\/span>fee, <\/span>professional <\/span>fee to <\/span>a <\/span>resident person <\/b>by an <\/b>Individual or a <\/span>HUF <\/span>who <\/span>are not liable <\/b>to <\/span>deduct <\/span>TDS <\/b>under <\/span>section 194C<\/b>, <\/span>194H<\/b>, <\/b>or <\/span>194J<\/b>. <\/span><\/p>\n

                                                        Tax shall <\/b>be <\/b>deducted <\/b>under <\/span>Section <\/b>194M <\/b>with <\/b>effect <\/b>from 1\/09\/2019 <\/span>when <\/b>aggregate <\/span>of <\/b>sum <\/span>credited <\/span>or <\/span>paid <\/b>during <\/b>a <\/span>financial <\/b>year <\/span>exceeds <\/span>Rs<\/b>. 50 <\/b>lakh<\/span>. <\/span><\/p>\n

                                                        Section 194N<\/b>: <\/b>Cash withdrawal <\/b>during <\/b>the <\/b>previous year <\/span>from one <\/span>or more account <\/span>maintained <\/b>by <\/b>a <\/b>person with a banking <\/span>company, <\/span>co<\/span>\u2013<\/b>operative <\/b>society <\/span>engaged <\/b>in business of <\/span>banking or <\/b>a post <\/span>office<\/b>: <\/span><\/p>\n

                                                        iii) in <\/span>excess of Rs. <\/b>1 crore <\/span><\/p>\n

                                                          \n
                                                        1. iv) in <\/span>excess <\/b>of <\/b>Rs<\/b>. 20 <\/span>lakhs* <\/b><\/li>\n<\/ol>\n

                                                          * <\/span>for those persons <\/span>who <\/b>have <\/span>not <\/b>filed <\/span>return of <\/span>income <\/b>(<\/span>ITR<\/b>) <\/b>for <\/span>three previous <\/span>years immediately <\/span>preceding <\/span>the <\/span>previous <\/span>year <\/span>in <\/span>which <\/b>cash <\/span>is <\/b>withdrawn<\/b>, <\/b>and the due date <\/span>for filing ITR <\/span>under <\/b>section <\/span>139<\/b>(1) <\/span>has expired<\/b>. <\/span>The <\/b>deduction of tax under this <\/span>situation shall be at the rate <\/b>of: <\/span><\/p>\n

                                                            \n
                                                          1. a) <\/b><\/li>\n<\/ol>\n

                                                            5<\/b>% <\/span><\/p>\n

                                                            2 <\/span><\/p>\n

                                                            2\/5 <\/span><\/p>\n

                                                            2% from <\/span>the <\/b>amount <\/span>withdrawn <\/b>in <\/span>cash if <\/span>the <\/b>aggregate of the <\/span>amount <\/span>of <\/span>withdrawal exceeds <\/b>Rs<\/span>. <\/span>20 lakhs <\/span>but <\/b>not exceeding <\/span>Rs<\/b>. 1 <\/span>crore <\/b>during the <\/span>previous year; <\/span>or <\/span><\/p>\n

                                                              \n
                                                            1. b) <\/span><\/li>\n<\/ol>\n

                                                              5% <\/b>from the <\/span>amount <\/span>withdrawn <\/span>in <\/b>cash if <\/span>the <\/b>aggregate of <\/span>the <\/b>amount of <\/span>withdrawal exceeds <\/b>Rs<\/b>. <\/span>1 <\/span>crore during <\/span>the previous <\/b>year. <\/span><\/p>\n

                                                              Section 194-0<\/b>: <\/b>Payment <\/b>or <\/span>credit <\/b>of amount by <\/span>the e<\/b>-commerce <\/span>operator <\/b>to <\/span>e- <\/b><\/p>\n

                                                              1 <\/span><\/p>\n

                                                              7\/10 <\/b><\/p>\n

                                                              <\/b><\/p>\n

                                                              commerce <\/span>participant <\/b><\/p>\n

                                                              Income <\/span>Tax Department <\/b><\/p>\n

                                                              Section <\/b>194P<\/span>: <\/span>Deduction of <\/span>tax <\/b>by <\/b>specified <\/span>bank in <\/b>case of senior citizen <\/span>having <\/b>age <\/span>Tax <\/b>on <\/span>total income <\/span>of 75 <\/span>or <\/b>more <\/span><\/p>\n

                                                              Section 194Q<\/b>: <\/b>Payment to resident for purchase <\/span>of <\/b>goods of the aggregate value exceeding <\/span>Rs<\/b>. <\/span>50 <\/b>lakhs <\/b><\/p>\n

                                                              Note: <\/span>TDS <\/b>is deductible <\/b>on sum <\/b>exceeding <\/span>Rs<\/b>. <\/span>50 <\/b>lakhs <\/span><\/p>\n

                                                              as per rate in <\/b>force <\/span><\/p>\n

                                                              0.1 <\/span><\/p>\n

                                                              Section 194R<\/b>: <\/b>Deduction <\/span>of tax in case any <\/b>benefit or perquisite is provided <\/span>and aggregate value <\/span>of such <\/b>benefit<\/span>\/<\/b>perquisite <\/span>exceeds <\/span>Rs<\/b>. <\/span>20,000 <\/span><\/p>\n

                                                              10 <\/span><\/p>\n

                                                              Note: Benefit <\/span>or <\/b>perquisite should <\/span>be <\/b>arising from <\/span>business <\/b>or <\/span>the <\/b>exercise of a <\/span>profession by <\/b>such <\/span>resident<\/b>. <\/span><\/p>\n

                                                              1 <\/b><\/p>\n

                                                              Section <\/b>194S: <\/b>Payment <\/span>on <\/span>transfer of Virtual Digital Asset <\/span><\/p>\n

                                                              Note: <\/span>No <\/b>tax <\/b>shall <\/span>be <\/span>deducted under this <\/b>provision in <\/span>the <\/b>following circumstance<\/span>: <\/span><\/p>\n

                                                                \n
                                                              • If <\/span>the <\/b>consideration <\/span>is <\/span>payable by any <\/b>person <\/span>(<\/b>other <\/span>than <\/b>a <\/span>specified <\/span>person) <\/b>and <\/b>its <\/span>aggregate <\/b>value <\/b>does not exceed <\/span>Rs<\/b>. <\/span>10,000 <\/span>during <\/span>the financial <\/b>year<\/span>. <\/span><\/li>\n
                                                              • <\/li>\n<\/ul>\n

                                                                if <\/span>the <\/b>consideration <\/span>is payable <\/b>by a <\/span>specified <\/span>person <\/b>and <\/span>its aggregate value <\/b>does <\/span>not <\/span>exceed Rs. 50,000 during <\/span>the financial <\/b>year<\/span>. <\/span><\/p>\n

                                                                Specified <\/b>person means: <\/span><\/p>\n

                                                                (a<\/b>) An individual <\/span>or <\/b>a HUF<\/span>, <\/span>whose <\/b>total <\/span>sales, <\/b>gross <\/span>receipts <\/b>or turnover does not exceed <\/span>Rs. <\/b>1 crore <\/span>in case <\/span>of business <\/span>or Rs. 50 lakhs <\/b>in case <\/b>of a <\/span>profession<\/b>, <\/span>during the <\/b>financial <\/b>year <\/span>immediately <\/span>preceding <\/span>the financial <\/b>year <\/b>in <\/span>which virtual <\/b>digital <\/span>asset <\/span>is transferred<\/b>; <\/span><\/p>\n

                                                                (b) <\/b>An <\/span>individual or a <\/span>HUF <\/b>who <\/b>does not <\/span>have any <\/b>income under <\/span>the head <\/b>profits <\/span>and gains <\/span>of business <\/b>or <\/span>profession<\/b>. <\/span><\/p>\n

                                                                Any <\/span>Other <\/b>Income <\/span><\/p>\n

                                                                10 <\/span><\/p>\n

                                                                2.2 <\/span>where the company <\/b>is <\/span>not a domestic <\/b>company<\/b>*<\/span>\u2013 <\/b><\/p>\n

                                                                Section 194B<\/b>: <\/b>Income <\/b>by <\/span>way <\/b>of <\/span>winnings <\/b>from lotteries<\/span>, <\/b>crossword <\/b>puzzles, card <\/span>games <\/span>and <\/b>other <\/b>games <\/span>of any sort <\/b>or <\/span>from gambling or <\/b>betting <\/span>of any <\/b>form <\/span>or <\/b>nature <\/span>whatsoever<\/b>. <\/span><\/p>\n

                                                                30 <\/b><\/p>\n

                                                                Section 194BA<\/b>: <\/b>Income <\/span>by <\/b>way of <\/b>winnings from any <\/span>online game <\/b><\/p>\n

                                                                30 <\/span><\/p>\n

                                                                Section 194BB<\/b>: <\/b>Income <\/span>by way of <\/b>winnings <\/b>from <\/span>horse <\/b>races <\/span><\/p>\n

                                                                Section 194E<\/b>: <\/b>Payment to <\/span>non-<\/span>resident <\/span>sports <\/b>association <\/b><\/p>\n

                                                                30 <\/b><\/p>\n

                                                                20 <\/b><\/p>\n

                                                                Section 194G<\/b>: <\/b>Commission, <\/span>etc.<\/span>, <\/b>on sale of lottery <\/span>tickets <\/span><\/p>\n

                                                                Section 194LB<\/b>: <\/b>Payment <\/b>of <\/b>interest <\/span>on <\/b>infrastructure debt fund <\/span><\/p>\n

                                                                Section 194LBA(2)<\/b>: <\/b>\u2013 Payment of <\/span>the <\/b>nature <\/span>referred <\/b>to <\/span>in <\/span>Section 10(23FC<\/span>)<\/b>(<\/span>a)<\/b>. <\/span><\/p>\n

                                                                Section 194LBA(2)<\/b>: <\/b>Payment of the <\/span>nature referred <\/span>to <\/span>in <\/b>Section <\/span>10<\/span>(<\/b>23FC)(b) <\/b><\/p>\n

                                                                Section 194LBA(3)<\/b>: <\/b>Business <\/b>trust shall deduct tax while <\/span>distributing <\/b>any income <\/b>received <\/span>from <\/span>renting <\/b>or <\/span>leasing <\/b>or <\/span>letting <\/b>out <\/span>any real estate <\/b>asset <\/span>owned <\/b>directly <\/span>by <\/b><\/p>\n

                                                                 <\/b><\/p>\n

                                                                5 <\/span><\/p>\n

                                                                5 <\/span><\/p>\n

                                                                5 <\/span><\/p>\n

                                                                10 <\/b><\/p>\n

                                                                40 <\/b><\/p>\n

                                                                8\/10 <\/b><\/p>\n

                                                                3\/22\/24, 7:05 PM <\/b><\/p>\n

                                                                it to its unit holders. <\/b><\/p>\n

                                                                Income <\/span>Tax Department <\/b><\/p>\n

                                                                Section 194LBB<\/b>: <\/b>Investment <\/b>fund <\/span>paying <\/b>an <\/span>income <\/span>to <\/b>a <\/span>unit <\/b>holder [other <\/span>than <\/span>income which <\/span>is <\/b>exempt under <\/span>Section <\/span>10(23FBB)<\/b>]<\/b>. <\/span><\/p>\n

                                                                Section 194LBC<\/b>: <\/b>Income <\/b>in respect of investment <\/span>made in <\/b>a <\/span>securitisation <\/b>trust <\/span>(<\/b>specified <\/span>in <\/b>Explanation <\/i><\/b>of <\/b>section115TCA<\/b>) <\/b><\/p>\n

                                                                Section 194LC<\/b>: <\/b>Payment <\/span>of <\/span>interest <\/b>by <\/span>an <\/b>Indian <\/b>Company <\/b>or a business trust <\/span>in <\/b>respect <\/span>of <\/b>money borrowed <\/span>in <\/b>foreign currency <\/span>under <\/b>a <\/span>loan agreement or <\/span>by <\/span>way <\/b>of <\/span>issue of long<\/span>\u2013<\/span>term <\/span>bonds <\/b>(including <\/span>long<\/span>-term <\/span>infrastructure <\/span>bond<\/b>) <\/b><\/p>\n

                                                                Section <\/b>194LD<\/span>:<\/b>Payment of interest on <\/span>rupee <\/b>denominated <\/b>bond of an <\/span>Indian Company <\/span>or <\/b>Government <\/span>securities <\/span>to a <\/span>Foreign Institutional <\/span>Investor <\/b>or <\/b>a <\/span>Qualified <\/b>Foreign <\/b>Investor <\/span><\/p>\n

                                                                Section <\/b>195<\/b>: Payment of any other <\/b>sum <\/span><\/p>\n

                                                                  \n
                                                                1. a<\/b>) Income <\/span>by <\/span>way <\/span>of long<\/span>-term <\/span>capital <\/span>gains <\/b>referred <\/span>to in sub<\/span>\u2013<\/span>clause <\/b>(iii<\/span>) of <\/b>clause <\/span>(<\/span>c<\/b>) <\/span>of <\/b>sub<\/span>-section <\/span>(1) of <\/span>Section <\/b>112 <\/span><\/li>\n
                                                                2. b) <\/b>Income by <\/span>way <\/span>of <\/span>long<\/span>-term capital <\/span>gains <\/b>as referred to <\/span>in <\/b>Section <\/b>112A <\/b><\/li>\n<\/ol>\n

                                                                  40 <\/b><\/p>\n

                                                                  40 <\/span><\/p>\n

                                                                  5 <\/b>or 4<\/b>* <\/b>or <\/b>9** <\/span><\/p>\n

                                                                  * In <\/b>case <\/b>where <\/span>interest <\/span>is <\/span>payable <\/span>in <\/b>respect <\/span>of <\/b>Long- <\/span>term Bond <\/span>or Rupee <\/span>Denominated <\/b>Bond <\/span>listed <\/b>on <\/b>recognised <\/span>stock <\/span>exchange <\/span>located in <\/b>IFSC <\/span><\/p>\n

                                                                  ** <\/span>Where <\/b>money <\/span>borrowed <\/b>from <\/span>a <\/b>source <\/span>outside <\/b>India <\/b>by <\/b>issuing <\/span>a long- <\/span>term <\/span>bond <\/b>or <\/span>rupee- <\/b>denominated bond <\/b><\/p>\n

                                                                  on or after <\/b>01-04- <\/span>2023, which <\/b>is <\/span>listed <\/b>only on a <\/span>recognised stock <\/span>exchange <\/span>located <\/span>in <\/b>an IFSC<\/b>; <\/span><\/p>\n

                                                                  5 <\/span><\/p>\n

                                                                  10 <\/span><\/p>\n

                                                                  10 <\/span><\/p>\n

                                                                    \n
                                                                  1. c) <\/b>Income by <\/span>way <\/b>of <\/span>short-<\/span>term <\/span>capital <\/b>gains <\/span>referred <\/span>to in <\/span>Section <\/b>111A <\/span><\/li>\n<\/ol>\n

                                                                    [vfb id=null]15 <\/span><\/p>\n

                                                                      \n
                                                                    1. d<\/span>) <\/span>Any <\/b>other income <\/span>by <\/b>way <\/b>of <\/span>long-<\/span>term <\/span>capital <\/b>gains <\/span>[not <\/span>being long-term capital <\/span>gains referred to <\/span>in clauses <\/b>10(33)<\/b>, <\/b>10(36) <\/b>and <\/span>112A <\/b><\/li>\n<\/ol>\n

                                                                      20 <\/b><\/p>\n

                                                                        \n
                                                                      1. e) <\/b>Income <\/b>by <\/span>way <\/b>of interest payable by <\/span>Government <\/span>or <\/span>an <\/b>Indian <\/span>concern <\/span>on moneys <\/span>borrowed <\/span>or <\/span>debt incurred by <\/span>Government or the Indian <\/b>concern <\/span>in <\/b>foreign currency <\/span>(<\/b>not <\/span>being <\/span>income <\/span>by way <\/b>of <\/span>interest referred <\/span>to in <\/span>Section <\/span>194LB <\/span>or <\/b>Section <\/span>194LC<\/b>) <\/span><\/li>\n
                                                                      2. f) <\/span>Income <\/span>by way of royalty <\/span>payable <\/b>by Government or an <\/span>Indian <\/b>concern <\/span>in <\/span>pursuance <\/span>of <\/b>an <\/b>agreement <\/span>made <\/b>by it <\/span>with the <\/b>Government or <\/span>the Indian concern <\/b>after <\/b>the 31st day of March, 1976 where such royalty is <\/span>in <\/b>consideration <\/b>for the <\/span>transfer of <\/b>all <\/b>or <\/span>any <\/span>rights <\/span>(including <\/b>the granting <\/span>of <\/span>a <\/span>licence<\/span>) <\/b>in <\/span>respect <\/span>of <\/span>copyright <\/span>in <\/b>any <\/span>book <\/span>on a <\/b>subject <\/span>referred <\/span>to <\/span>in the <\/b>first <\/span>proviso <\/b>to <\/span>sub<\/b>\u2013<\/b>section <\/span>(1A<\/span>) <\/b>of <\/span>Section <\/b>115A <\/b>of the <\/span>Income<\/span>\u2013<\/b>tax Act<\/b>, to the <\/span>Indian <\/b>concern<\/span>, <\/b>or in respect <\/span>of <\/b>any <\/span>computer <\/span><\/li>\n<\/ol>\n

                                                                        20 <\/span><\/p>\n

                                                                        20 <\/span><\/p>\n

                                                                         <\/p>\n

                                                                        Income Tax Department <\/b>software <\/span>referred <\/span>to <\/span>in <\/b>the second <\/span>proviso <\/b>to <\/span>sub<\/b>-section (<\/span>1A<\/b>) <\/b>of <\/span>Section <\/span>115A <\/b>of <\/b>the Income-<\/span>tax <\/b>Act<\/span>, to <\/span>a person <\/b>resident <\/b>in India <\/b><\/p>\n

                                                                          \n
                                                                        1. g) <\/span>Income <\/span>by <\/b>way <\/b>of <\/b>royalty <\/span>[not <\/span>being <\/span>royalty <\/b>of <\/span>the nature <\/span>referred <\/span>to <\/span>in <\/span>point <\/span>f) <\/span>above<\/span>] payable by Government <\/b>or an <\/span>Indian <\/b>concern <\/span>in pursuance of <\/span>an <\/span>agreement <\/b>made <\/b>by it with <\/span>the <\/b>Government <\/span>or <\/span>the Indian <\/b>concern <\/span>and <\/span>where <\/b>such <\/span>agreement is <\/span>with <\/b>an <\/span>Indian <\/b>concern<\/span>, <\/span>the <\/b>agreement is <\/span>approved <\/b>by the <\/span>Central <\/b>Government <\/span>or where it <\/span>relates <\/b>to <\/span>a <\/span>matter <\/span>included in <\/span>the <\/b>industrial policy<\/span>, <\/span>for <\/span>the <\/b>time being in force<\/span>, <\/b>of <\/span>the Government of <\/span>India<\/b>, the <\/b>agreement is <\/span>in accordance with that <\/b>policy\u2014 <\/span><\/li>\n
                                                                        2. where <\/b>the <\/b>agreement <\/span>is <\/span>made after <\/b>the <\/b>31st day <\/b>of <\/span>March, 1961 <\/span>but <\/span>before the <\/b>1st <\/span>day <\/b>of April, <\/span>1976 <\/b><\/li>\n
                                                                        3. <\/b>where <\/span>the agreement <\/span>is <\/b>made <\/b>after the <\/span>31st <\/b>day <\/b>of March<\/span>, <\/span>1976 <\/span><\/li>\n
                                                                        4. h<\/b>) <\/b>Income by <\/span>way <\/b>of fees for technical services payable <\/span>by <\/b>Government <\/span>or <\/span>an <\/span>Indian <\/span>concern in <\/span>pursuance of an <\/b>agreement <\/span>made by <\/b>it <\/span>with the <\/b>Government <\/span>or <\/span>the Indian <\/b>concern <\/span>and <\/b>where such agreement is <\/span>with <\/b>an <\/span>Indian <\/b>concern, the agreement is <\/span>approved <\/b>by <\/b>the <\/b>Central Government or where <\/span>it <\/span>relates <\/b>to a <\/span>matter <\/span>included in the <\/b>industrial policy, for the time being <\/span>in <\/b>force, of the <\/span>Government <\/span>of <\/span>India<\/b>, the <\/span>agreement <\/span>is <\/b>in accordance with <\/span>that <\/b>policy- <\/span><\/li>\n<\/ol>\n

                                                                          50 <\/b><\/p>\n

                                                                          20 <\/b><\/p>\n

                                                                            \n
                                                                          1. <\/b>where <\/span>the <\/b>agreement <\/span>is <\/span>made <\/b>after <\/span>the <\/span>29th day of February, 1964 <\/span>but <\/b>before the 1st <\/span>day <\/b>of <\/span>April<\/b>, <\/span>1976 <\/b><\/li>\n<\/ol>\n

                                                                            50 <\/span><\/p>\n

                                                                              \n
                                                                            1. <\/b>where the agreement <\/span>is <\/b>made after the <\/span>31st <\/b>day <\/span>of March<\/span>, <\/span>1976 <\/b><\/li>\n
                                                                            2. i) <\/b>Any other <\/b>income <\/span><\/li>\n<\/ol>\n

                                                                              20 <\/span><\/p>\n

                                                                              40 <\/span><\/p>\n

                                                                              Section <\/b>196B<\/b>: <\/b>Income <\/span>from units (including long<\/span>\u2013<\/b>term <\/b>capital <\/b>gain on <\/span>transfer <\/b>of <\/span>such units<\/span>) to <\/span>an offshore fund <\/span><\/p>\n

                                                                              10 <\/span><\/p>\n

                                                                              Section 196C<\/b>: <\/b>Income <\/b>from <\/span>foreign <\/span>currency bonds or <\/span>GDR of an <\/b>Indian company <\/span>(<\/b>including <\/b>long-term <\/span>capital <\/span>gain <\/b>on transfer <\/span>of <\/b>such <\/span>bonds <\/b>or GDR<\/b>) <\/b><\/p>\n

                                                                              10 <\/span><\/p>\n

                                                                              Section 196D<\/b>: <\/b>Income <\/span>of foreign Institutional Investors <\/span>from <\/b>securities <\/span>(<\/b>not <\/span>being <\/b>dividend <\/b>or capital <\/b>gain <\/span>arising <\/b>from such <\/span>securities<\/span>) <\/b><\/p>\n

                                                                              20 <\/b><\/p>\n

                                                                              Note: <\/span>Tax shall <\/b>be deducted <\/span>at the <\/span>rate <\/b>provided under <\/span>DTAA <\/span>if <\/b>same <\/span>is <\/b>lower <\/span>than the <\/b>existing <\/span>TDS <\/b>rate of <\/span>20<\/b>%<\/b>. <\/span><\/p>\n

                                                                              * <\/b>The <\/b>rate of TDS <\/span>shall <\/b>be <\/span>increased <\/span>by <\/span>applicable <\/b>surcharge and <\/span>Health <\/b>& <\/b>Education <\/span>cess<\/b>. <\/span><\/p>\n

                                                                              [<\/b>As <\/span>amended <\/b>by <\/b>Finance <\/span>Act<\/b>, <\/span>2024] <\/b><\/p>\n

                                                                               <\/p>\n","protected":false},"excerpt":{"rendered":"

                                                                                Income Tax Department  Government of India  Rates for tax deduction at source  [For Assessment year 2025-26]  TDS Rates (in %)  Particulars  In the case of a person other than a company  1.1 where the person is resident in India-  Section 192: Payment of salary  Section 192A: Payment of accumulated balance of provident fund which […]<\/p>\n","protected":false},"author":1,"featured_media":52933,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pagelayer_contact_templates":[],"_pagelayer_content":"","footnotes":""},"categories":[6],"tags":[],"class_list":["post-52999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-income-tax"],"_links":{"self":[{"href":"https:\/\/www.apnacfo.com\/blogs\/wp-json\/wp\/v2\/posts\/52999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.apnacfo.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnacfo.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnacfo.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnacfo.com\/blogs\/wp-json\/wp\/v2\/comments?post=52999"}],"version-history":[{"count":2,"href":"https:\/\/www.apnacfo.com\/blogs\/wp-json\/wp\/v2\/posts\/52999\/revisions"}],"predecessor-version":[{"id":53001,"href":"https:\/\/www.apnacfo.com\/blogs\/wp-json\/wp\/v2\/posts\/52999\/revisions\/53001"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnacfo.com\/blogs\/wp-json\/wp\/v2\/media\/52933"}],"wp:attachment":[{"href":"https:\/\/www.apnacfo.com\/blogs\/wp-json\/wp\/v2\/media?parent=52999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnacfo.com\/blogs\/wp-json\/wp\/v2\/categories?post=52999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnacfo.com\/blogs\/wp-json\/wp\/v2\/tags?post=52999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}