TDS RATE CHART

FINANCIAL YEAR 2011-2012 : ASSESSMENT YEAR 2012-2013

Threshold Individual / Limit HUF F.Y.11-12
5000 30000 30000 30000 30000 75000 75000 75000 75000 5000 180000 180000 30000

Nature of payments made to resident

Sec. Description
Interest other than Interest on Securities Payment to Contractor Single Transaction Payment to Subcontractor Single Transaction Payment to Advertisement Contractor Single Transaction Payment to Transporters Single Transaction Payment to Contractor Aggregate during F.Y. Payment to Subcontractor Aggregate during F.Y. Payment to Advertisement Contractor Aggregate during F.Y. Payment to Transporters Aggregate during F.Y.

Company * Firm Co-op Soc. Local Authority Rate

If No / Invalid PAN Rate

Rate

194 A

10% 1% 1% 1%
NIL

10% 2% 2% 2%
NIL

20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%

194 C

1% 1% 1%
NIL

2% 2% 2%
NIL

194 C

194 H

Payment of Commission / Brokerage Rent of Plant / Machinery, Equipment

10% 2% 10% 10%

10% 2% 10% 10%

194 I
Rent of Land, Building, Furniture

194 J
NOTE 1 : NOTE 2 : NOTE 3 :

Fees for Professional / Technical Services

No need to deduct Sur-charge and Education cess for TDS purpose. NIL Rate will be applicable if the transporter furnishes his PAN. PAN will have to be mentioned in bills, vouchers and other documents communicated between deductor and deductee. If deductee furnishes invalid PAN or submits PAN belonging to someone else, it will amount to non furnishing of PAN. If deductee fails to furnish PAN to deductor, the deductor shall apply highest of the following rates for deducting TDS.
1. at the rate specified in the relevant provision of this Act; or 2. at the rate or rates in force; or 3. at the rate of 20%.

NOTE - 4 : NOTE 5 :

Interest @ 1.5 % per month or part of month will applicable on delay payment of TDS (Due dates for TDS payment given below) How to find correct PAN (Check details given below)

DUEDATESFORPAYMENTOFTDS MONTH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH DUEDATEFORTDS REMITTANCE 7thMay 7thJune 7thJuly 7thAugust 7thSeptember 7thOctober 7thNovember 7thDecember 7thJanuary 7thFebruary 7thMarch 7thAprilSalaries 30thAprilNon Salaries

What is a valid PAN?

A deductor can verify if the PAN is apparently valid First Three Letters in PAN 123 AAA Alphabetic series running from AAA to ZZZ

FourthLetterin PAN
4 C

FifthLetterin SixtoNineLettersin TenthLetter PAN PAN inPAN

5 A First character of assessee name/surname 6789 1234 10 A

Status Code

Sequential number running Alphabetic from 0001 to 9999 Check Digit

Status Code list

C P H F A T B L J G Company Person(Individual) HinduUndividedFamily(HUF) Firm(Partnership) AssociationofPersons(AOP) AOP(Trust) BodyofIndividuals(BOI) LocalAuthority ArtificialJuridicalPerson Government