Section | Nature of Payment | Rate for Individuals/ HUF in % | Rate for other forms of business in % |
192 | Salaries | As per Slab Rate | NA |
193 | Interest on Securities> 10000, Interest on Debentures | 10 | 10 |
194 | Deemed Dividend u/s 2(22) e dividends other than listed companies | 10 | 10 |
194A | Interest other than Interest on Securities (including recurring deposits: Bank/Post Office > Rs 10,000, others > 5000) | 10 | 10 |
194B | Lottery/Crossword Puzzle > Rs 10000 | 30 | 30 |
194BB | Winnings from Horse Race > Rs 10000 | 30 | 30 |
194C | Contracts where single bill > 30,000 or aggregate annual limit > Rs 100,000 | 1 | 2 |
194D | Insurance Commission > Rs 15,000 | 5 | 5 |
194DA | Payment in respect of Life Insurance Policy | 1 | 0 |
194E | Payment for non-resident sports person or association | 20 | 20 |
194EE | Payment in respect of NSS Deposits | 10 | 0 |
194F | Repurchase of units of MF/UTI | 20 | 20 |
194G | Commission on Sale of lottery tickets >15000 | 5 | 5 |
194H | Commission or Brokerage > 15,000 | 5 | 5 |
194I | Rent of Machinery, plant, or equipment > Rs 180,000 | 2 | 2 |
Rent of land, building (including factory building) or land appurtenant thereto a building (including factory building) or furniture and fittings > 180,000 | 10 | 10 | |
194IA | Transfer of immovable property other than agricultural land (> Rs 50,00,000) | 1 | 1 |
194IB | Payment by Individual / HUF (other than those covered u/s 194I or not covered under sec 44AB) of rent exceeding Rs 50,000 for a month or part of a month during the previous year (w.e.f. 1.6.2017) | 5 | 5 |
194IC | Payment under Builders Agreement - A person owning land or building or both, agreeing to allow another person to develop a real estate project on such land or building or both, in consideration of a share, being land or building or both in such project whether with or without payment of part of the consideration in cash, wef 01/04/2017 | 10 | 10 |
194J | Professional / Technical Charges/ Royalty > Rs 30,000 | 10 | 10 |
Non-compete fees or payment to Directors, Professional services payments to Call Centre > Rs 30,000 | 2 | 2 | |
194LA | Compensation on acquisition of immovable property > Rs 250,000 by Government | 10 | 10 |
194LB | Interest from Infrastructure Bond | 5 | 5 |
194LBA | Income in the way of interest received from Special Purpose Vehicle, distributed by a business trust to its unit holders | ||
Resident Payee | 10 | 10 | |
Nonresident Payee | 5 | 5 | |
Distribution of income by a business trust being a real estate investment trust | Rates specifie d in part II First Schedul e | Rates specified in part II First Schedule | |
194LBB | Payments to a unit holder in respect of units of Investment fund u/s 115 UB | 10 | 10 |
194LC | Interest to Nonresident from Indian Company / business trusts engaged in certain business | 5 | 5 |
194LD | Interest in Certain Govt Bonds / Securities payable on or after 01-06-2013 but before 01-07-2020 | 5 | 5 |
195/196B/1 96C/196D/1 96E | Payment to Non-residents | Rates in Force | Rates in Force |