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Compilation of TDS rates for FY 2019-20 – Residents

TDS Rates

TDS rates applicable for payment to residents

SectionNature of Payment Threshold LimitTDS Rate for Indian Resident
192SalariesIncome tax slabSlab rates
192APayment of accumulated balance due to an employee (EPF Premature Withdrawal)Rs.5000010%
193Interest on SecuritiesRs.1000010%
194Dividends (Other than listed company)NA10%
194AInterest other than “Interest on securities” from post offices and bank depositsRs. 40000 (For senior citizen Rs. 50000)10%
194BInterest by way of winning from lotteries, crossword puzzles, games etc.Rs. 1000030%
194BBIncome by way of winning from horse raceRs. 1000030%
194CPayment to contractor/ subcontractor
a) HUF/Individual
b) Others
Rs. 30,000 for single payment & Rs.1,00,000 for aggregate payment during the F.Y.1%
2%
194DInsurance CommissionRs. 150005%
194DAPayment in respect of life insurance policyRs. 1000001%
194EEPayment in respect of deposits under National Savings SchemeRs. 250010%
194FPayment on account of repurchase of unit by Mutual Fund or Unit Trust of IndiaNA20%
194GCommission etc. on sale of lotteryRs. 150005%
194HCommission or brokerageRs. 150005%
194IRent of land, building or furnitureRs. 24000010%
194IRent of Plant and MachineryRs. 2400002%
194IAPayment/credit of consideration to resident transferor for transfer of any immovable property (other than rural agricultural land)Rs. 50Lacs1%
194IBPayment/credit of rent by an individual/HUF (if not subject to tax audit under section 44AB in the immediately preceding financial year)Rs. 50000 p.m.5%
194ICPayment under joint development agreement to a resident individual HUF (who transfers land/ building)NA10%
194JSum paid by way of fees for Professional ServicesRs. 3000010%
194LAPayment of compensation on acquisition of certain immovable propertyRs. 25000010%
194LBACertain income distributed by a business trust to its unit holderNA10%
194LBBPayment in respect of units of investment fund specified in section 115UBNA10%
194LBCPayment in respect of an investment in a securitization trust specified in clause (d) of the Explanation occurring after section 115TCA-
if recipient is an individual or a Hindu undivided family
NA25%
194LBCPayment in respect of an investment in a securitization trust specified in clause (d) of the Explanation occurring after section 115TCA-
if recipient is any other person
NA30%

Due dates of TDS deposit for F.Y. 2019-20

#ParticularsDue Date
1Tax Deductible in March30th April of next financial year
2Other months7th of next month

TDS Return Filing Due Dates for F.Y. 2019-20

Quarter Period TDS Return due date
1st Quarter1st April to 30th June31st July, 2019
2nd Quarter1st July to 30th September31st Oct, 2019
3rd Quarter1st October to 31st December31st Jan, 2020
4th Quarter1st January to 31st March31st May, 2020

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