DEDUCTEE

[Link] SECTION NATURE OF PAYMENT DEDUCTOR / PAYER TDS RATE NO TDS

/PAYEE
Average If Taxable Salary Do
1 192 TDS on Salary Employer Employee
Rate Not Exceed Basic
TDS on Employee Any Person Athorised Total Payment <
2 192A Employee 10%
Provident Fund to Make Payment 10,000
TDS on Interest on Any Person Paying Resident Total Payment <
3 193 10%
Securities Interest Person 10,000 / Interest on
Resident Total Payment <
4 194 TDS on Divident Domestic Co. 10%
Shareholder 5,000 / Interest on
TDS on Interest Other Any Person Other Resident Interest < 5,000 &
5 194A 10%
Than Interest on Than Individul/ Person Bank or PO < 40,000
TDS on Winning from Any Preson Paying Winning 30% / NR Winning Amount <
6 194B
Lotteries,Cross word Winning Amount Person 30%+Sur+H& 10,000
TDS on Winning from Any Preson Paying Winning 30% / NR Winning Amount <
7 194BB
Horse races Winning Amount Person 30%+Sur+H& 10,000
Any Person Other Resident Individual or if Single contract <
8 194C TDS on Contractor
Than Person HUF=1% 30,000 & Not more
TDS on Insurance Any Preson Paying Resident Domestic Commission does
9 194D
Commission Insurance Person Co.= not exceed 15,000
TDS on Payment life Any Preson Paying Resident If Exempt u/s
10 194DA 5%
insurance Policy LIC Person 10(10D) OR
TDS on Payment to non- Spoortsman 20%+Surchar
11 194E
resident sportsman OR OR Sports ge+H&E
Payment of deposits Resident 10%
12 194EE Payment < 2,500
under Nationat Saving OR Non
TDS on Mutual Fund or
13 194F 20%
Unit Trust of India
TDS on commission on Resident 5% Amount of
14 194G
sales of lottery tickets OR Non Commission does
TDS on commission Any Person Other Commission <
15 194H 5%
other than insurance Than Individul/ 15,000 OR
Any Person Other Machinery&
16 194I TDS on Rent RENT < 2,40,000
Than Individul/ plant or
 TDS on Trasfred 1%
17 194IA SDV < 50 lakh
immovable property Consideratio
TDS on Payment of Rent Any Person being
18 194IB 5% RENT < 50,000
by individual/ HUF individual or HUF
19 194IC
TDS on Joint Development Agreement 10%
TDS on Professinal or Any Person Other call Fess < 30,0000 (
20 194J
Technical Services Than Individul/ center/techi Excluding fees of
TDS on income in
21 194K 10% income < 5,000
respect of unit
TDS on Payment
22 194LA 10% Payment < 2,50,000
Compensation on
TDS On Payment
23 194M 5% Payment < 50 lakh
individual or HUF
Banking co.(BR act Payment 20
24 194NPayment of certain amount in cash Payment of Govt.
1949)/Post office lakh to 1 cr =
1% OR No E-commerce
25 194O
TDS on Payment E-commerce Operatoe
E-commerce Operatoe Coustomer
PAN = 5% operato is a
26 194P TDS on Specified senior citizen Specified Bank
TDS On purchase of seller who seles 0.1% of such
27 194Q
goods goods > 50 lakh exceeding
TDS on benefit or
28 194R 10% Benefit < 20,000
perquisite in respect of
TDS on Payment on Specified
29 194S 1%
transfer of virtual digital person(indi&HUF)
TDS on sums payable to Payable
30 196
Government, Reserve govt,RBI,Mutual
Certificate for deduction
31 197
at lower rate
Tax deducted is income
32 198
received
33 199 Credit for tax deducted