CA Aditya Maheshwari

B. Com., A. C. A.
TAX DEDUCTED AT SOURCE Rules Applicable from 1st July, 2010 PAN not Rate Due date for Deposit provided 7th of the next month in which deduction Slab Rate is made. 10% 7th of the next month in which deduction is made and in case of deduction in the month March, 30th April. 7th of the next month in which deduction is made and in case of deduction in the month March, 30th April. 7th of the next month in which deduction is made and in case of deduction in the month March, 30th April. 7th of the next month in which deduction is made and in case of deduction in the month March, 30th April.

R. R. Falod & Co.

Chartered Accountants
108, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (W), Mumbai 400 053.

Section 192

Particulars Salary

Liability At the time of Payment Payment or Credit whichever is earlier

Exempt Upto Basic Exmption Limit In case of debenture Rs. 2,500 Rs. 5,000, if payer is a bank or cooperative Society than Rs.10000 Rs. 10,000.

Certificate for TDS and Time Form No.16 on or before 31st May Form No.16A, 31st July, 31st Oct., 31st Jan., 31st May. Form No.16A, 31st July, 31st Oct., 31st Jan., 31st May. Form No.16A, 31st July, 31st Oct., 31st Jan., 31st May. Form No.16A, 31st July, 31st Oct., 31st Jan., 31st May.

Date of Deposite of Return 15th July, 15th Oct, 15th Jan, 15th May 15th July, 15th Oct, 15th Jan, 15th May

Quarterly Return Form Form No. 24Q

193

Interest on Securities

Form No. 26Q

194B

Winnings From Lotteries

Payment or Credit whichever is earlier

If PAN is not provided, rate of TDS shall be 20%

194A

Interest Other Than Interest on Securities

Payment or Credit whichever is earlier

10%

15th July, 15th Oct, 15th Jan, 15th May

Form No. 26Q

30%

15th July, 15th Oct, 15th Jan, 15th May

Form No. 26Q

194BB

Winnings From Horse Races

Payment or Credit whichever is earlier

Rs. 5,000.

30%

15th July, 15th Oct, 15th Jan, 15th May

Form No. 26Q

194C

Payment to Contractor

Payment or Credit whichever is earlier

Single payment / credit exceeds Rs. 30,000 or Total credit/payment exceeds Rs. 75,000 during the FY.

No TDS on Freight Payment. Individual or HUF - 1% Others - 2%

7th of the next month in which deduction is made and in case of deduction in the month March, 30th April.

Form No.16A, 31st July, 31st Oct., 31st Jan., 31st May.

15th July, 15th Oct, 15th Jan, 15th May

Form No. 26Q

194D

Insurance Commission

Payment or Credit whichever is earlier

Rs. 20,000

10%

7th of the next month in which deduction is made and in case of deduction in the month March, 30th April. 7th of the next month in which deduction is made and in case of deduction in the month March, 30th April. 7th of the next month in which deduction is made and in case of deduction in the month March, 30th April. 7th of the next month in which deduction is made and in case of deduction in the month March, 30th April. 7th of the next month in which deduction is made and in case of deduction in the month March, 30th April.

Form No.16A, 31st July, 31st Oct., 31st Jan., 31st May. Form No.16A, 31st July, 31st Oct., 31st Jan., 31st May. Form No.16A, 31st July, 31st Oct., 31st Jan., 31st May. Form No.16A, 31st July, 31st Oct., 31st Jan., 31st May. Form No.16A, 31st July, 31st Oct., 31st Jan., 31st May.

15th July, 15th Oct, 15th Jan, 15th May

Form No. 26Q

194G

Commission on Sales of Lottery Tickets Commission / Brokerage other than Insurance

Payment or Credit whichever is earlier

Rs. 1,000

10%

15th July, 15th Oct, 15th Jan, 15th May

Form No. 26Q

194H

Payment or Credit whichever is earlier

Rs. 5,000

10%

15th July, 15th Oct, 15th Jan, 15th May

Form No. 26Q

194I

Rent

Payment or Credit whichever is earlier

Rs. 180,000

Plant & Machinery 2% Otherwise - 10%

15th July, 15th Oct, 15th Jan, 15th May

Form No. 26Q

194J

Professional Fees or Technical Services

Payment or Credit whichever is earlier

Rs. 30,000

10%

15th July, 15th Oct, 15th Jan, 15th May

Form No. 26Q

Prepared by R. R. Falod and Co.