TDS Rates Chart AY 2022-23 or FY 2021-22

Studycafe | Jun 10, 2021 | Views 80124

TDS Rates Chart AY 2022-23 or FY 2021-22

TDS Rates Chart AY 2022-23 or FY 2021-22

What is the TDS Rates Applicable for FY 2021-22. Is there any change due to COVID like the rates were reduced by 25% last year?

Below is TDS Rates Chart AY 2022-23 or FY 2021-22. Hope you will find the same useful.

Section For Payment of Threshold limit TDS Rate %
192 Salary Income Income Tax Slab Slab rates
192 A EPF – Premature withdrawal Rs 50,000 10%
If no Pan, TDS @ 30%
193 Interest on Securites Rs. 10,000 10%
193 Interest on Debentures Rs 5,000 10%
194 Dividend
(Dividend other than listed companies)
Rs 5,000 10%
(No TDS on Div Payouts by
REITs / InvITs)
194 A Interest other than on securities by banks / post office Rs. 40,000
(Rs 50,000 for Senior Citizens)
10%
194 A Interest other than on securities by others Rs. 5,000 10%
194 B Winnings from Lotteries / Puzzle / Game Rs. 10,000 30%
194 BB Winnings from Horse Race Rs. 10,000 30%
194 D Payment of Insurance Commission
(Form 15G/H can be submitted)
Rs. 15,000 5% (Individuals)
10% (Companies)
194DA Payment in respect of Life Insurance Policy Rs 1,00,000 5%
194E Payment to non-resident sportsmen / sports association 20%
194 EE Payment of NSS Deposits Rs 2,500 10%
194 G Commission on Sale of Lottery tickets Rs 15,000 5%
194 H Commission or Brokerage Rs 15,000 5%
194 I Rent of Land, Building or Furniture Rs. 2,40,000 10%
194I Rent of Plant & Machinery Rs. 2,40,000 2%
194 IB Rent
(Tenant has to deduct TDS)
(Individuals who are not liable to Tax Audit)
Rs 50,000 (per month) 5%
194 IA Transfer of Immovable Property , other than Agricultural land Rs. 50 lakhs 1%
194IC Payment of monetary consideration under Joint Development Agreements 10%
194J Fees for professional or technical services Rs 30,000 2% (or) 10%
194LA Payment of compensation on acquisition of certain immovable property Rs 2,50,000 10%
194 LB Interest from Infrastructure Bond to NRI NA 5%
194 LD Interest on certain bonds and govt. Securities NA 5%
194N Cash withdrawal during the previous year from one or more account maintained by a person with a banking company, co-operative society engaged in business of banking or a post office: > Rs 1cr 2%
194Q Purchase of goods (applicable w.e.f 01.07.2021) Rs 50 lakh 0.10%
206AB TDS on non-filers of ITR at higher rates
(applicable w.e.f 01.07.2021)
5% or Twice the
rates in force
194P TDS on Senior Citizen above 75 Years (No ITR filing cases) Slab Rates



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