TDS Rates for Financial Year 2012-13

S. No.	Section of Act	Nature of Payment in brief	Cut Off Amount	Rate %
						HUF/IND		Others
1	192	Salaries	Salary income must be more than exemption limit after deductions.	Average Rate
2	193	Interest on debentures	5000	10			10
3	194	Deemed dividend	-	10			10
4	194A	Interest other than interest on securities (by Bank)	10000	10			10
4A	194A	Interest other than interest on securities (by others)	5000	10			10
5	194B	Lottery/Cross Word Puzzle	10000	30			30
6	194BB	Winnings from Horse Race	5000	30			30
7	194C(1)	Contracts	30000	1			2
8	194C(2)	Sub-contracts/Advertisements	30000	1			2
9	194D	Insurance Commission	20000	10			10
10	194EE	Payments out of deposits under NSS	2500	20			-
11	194F	Repurchase of units by MF/UTI	1000	20			20
12	194G	Commission on sale of lottery tickets	1000	10			10
13	194H	Commission or Brokerage	5000	10			10
14	194I	Rent (Land & Building)	180000	10			10
		Rent (P & M, Equipment, Furniture & Fittings)	180000	2			2
15	194J	Professional/Technical charges/Royalty and Non-compete fees	30000	10			10
16	194J(1) (ba)	Any remuneration or commission paid to director of the company (w.e.f. 01/07/2012)	On any amount paid as remuneration/comm.	10			10
17	194LA	Compensation on acquisition of immovable property	200000	10			10
18	194LLA	Payment on transfer of certain immovable property other than agricultural land (w.e.f. 01/10/2012)	(a) INR 50 lakhs in case such property is situated in a specified urban agglomeration; or (b) INR 20 lakhs in case such property is situated in any other area (w.e.f. 01/10/12)	1			1

Posted in: 2012-13, 2013-14, Tax deduction at source, TDS