PAN/ TAN are a unique identification of every deductor.Deductee is the person receiving the payment and the amount received is net of TDS (if it’s subject to TDS). It provides basic information of the deductee like name, address etc.Deductor is the individual who pays you and he/she is required to deduct TDS (if subject to it) before discharging the payment. It contains basic information about the tax deductor like name, address etc.TDS on certain Payment by Individual/ HUF TDS on payment of certain amounts in cash TDS on Other Payments Made to NR (Not Company) or Foreign Company TDS on Income by way of Interest on Certain Bonds and Government Securities TDS on Income by way of Interest from Indian Company TDS on Income in Respect of Investment in Securitisation TrustĢ5%(for individual or HUF) or 30% (for any other person) TDS on Income in Respect of Units of Investment Fundįor non-resident person the tax rate will be as per the rates in force during FY. TDS on Certain Income from Units of a Business Trust TDS on Income by way of Interest from Infrastructure Debt Fund
TDS on Payment of Compensation on Acquisition of Certain Immovable Property Up to Rs.30000 during FY (the separate limit for each kind of payment) TDS on Fees for Professional or Technical ServicesĢ% (in case of payment made to the business of operating a call centre). TDS on Payment Made Under Specified Agreement TDS on Commission on the Sale of Lottery TicketsĢ% (on rent paid for use of machinery, plant or equipment) TDS on Payment for Deposit Under National Saving Scheme Payment with respect to repurchase of units by Mutual Fund Companies TDS on Payments to Non-Resident Sportsmen or Sports Association TDS on Payment in Respect of Life Insurance Policy Resident Agent 5% (for Individual/HUF) 10% (other people) TDS on Insurance Commission Insurance Company Up to Rs.100000 for the total amount during an FY. TDS on Winnings from Lottery or Crossword Puzzles Up to Rs.40,000 (for payments made by banks, cooperative banks or on post office deposits) and up to Rs.5000 (for other cases). TDS on Interest (Other than Interest on Securities)
Upto Rs.5000 in a financial year (FY) for Individual/HUF in the case of Debentures and other than debenture Rs. TDS on Premature Withdrawal from Provident Fund
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