TDS Rates Chart for FY 2019-20 | AY 2020-21 / Tds Rate Chart 2019-20

Deepak Gupta | Apr 25, 2019 |

TDS Rates Chart for FY 2019-20 | AY 2020-21 / Tds Rate Chart 2019-20

TDS Rates Chart for FY 2019-20 | AY 2020-21 / Tds Rate Chart 2019-20:

TDS Rate Chart for FY 2019-20|TDS Rate Chart for AY 2020-21

TDS Rates Chart for FY 2019-20| AY 2020-21: TDS Rates Chart for Financial Year 2019-20 | Assessment Year 2020-21 vide Finance Act 2019. Due Dates for E-Filing of TDS/TCS Return FY 2019-20 | AY 2020-21. Below is updated TDS rate chart considering the amendments made by Finance Act, 2019.

Tax Deducted at Source (TDS) Rate Chart| Slab for Financial Year (FY) 2019-20 | Assessment Year (AY) 2020-21

Buy E-TDS Returns Sotware for F.Y. 2018-19 @ Discounted Prices

TDS RATE CHART
TDS Rates Chart for FY 2019-20 | AY 2020-21 / Tds Rate Chart 2019-20
Sl. No.Nature of PaymentSectionBasic Cut-off (Rs.) p.a.TDS rate for
Individual and HUFOther than Individual/ HUFIf PAN is not submitted/ Invalid PAN
1Payment of Salaries by Employers192Slab rateSlab rateNot applicable30%
2Premature payment by PF Organization from EPF A/c (i.e. before 5 Years).192A50,000.0010%Not applicable20%
3Payment of Interest on Securities by company.19310,000.0010%10%20%
4Payment of Dividend other than dividend as referred to Section 115O by company (i.e. Dividend on which Dividend Distribution Tax is not paid)1942,500.0010%10%20%
5Payment of Interest by bank194A40000 (Non Sr. Citizen)10%10%20%
50000 (Sr. Citizen)
6Payment of Interest by others194A5,000.0010%10%20%
7Payment of prize from Wining from Lotteries by any person.194B10,000.0030%30%30%
8Payment of prize from Wining from Horse Race by any person.194B10,000.0030%30%30%
9Payment to Contractors by any person.194C30000 (Single bill) or 1 Lakh aggregate bills during the year.1%2%20%
10Payment to Transporter Covered u/s. 44E and submit declaration in prescribed format. (i.e. owning less than 10 goods carriages)194C0020%
11Payment to Transporter not covered u/s. 44E (i.e. owning more than 10 goods carriages)194C30000 (Single bill ) or 75,000.00 aggregate bills during the year.1%2%20%
12Payment of Insurance Commission to agents by Insurance Company.194D15,000.005%10%20%
13Payment in respect of maturity of Life Insurance Policy by Life Insurance Company.194DA1 Lakh1%1%20%
14Payment to NRI sportsman or association by any person or organization194E20%20%20%
15Payment out of deposit under National Saving Scheme (NSS)194EE2,500.0010%10%20%
16Payment with respect to repurchase of units by Mutual Fund Companies.194F20%20%20%
17Payment of Lottery Commission194G15,000.005%5%20%
18Payment of commission or Brokerage194H15,000.005%5%20%
19Payment of rent on land, building, furniture and fittings.194I2,40,000.0010%10%20%
20Payment of rent on plant, machinery or equipments.194I2,40,000.002%2%20%
21Payment made on account of transfer of immovable property other than agriculture land.194IA50 Lakh1%1%20%
22Rent payable by individual not covered u/s. 194I for land, building, furniture and fittings194IB50,000.00 PM5%5%20%
23Payment of Professional Fees other than call centers194J30,000.0010%10%20%
24Payment of Professional Fees to call centers.194J30,000.002%2%20%
25Compensation on transfer of certain immoveable property than Agriculture Land194LA2,50,000.0010%10%20%

You May Also Like : Deductions under section 80C to 80 U of Income Tax Act 1961 AY 2019-20 | FY 2018-19

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
UGC NET June 2024 Exam cancelled after Exam Integrity Compromised Manabadi AP Board Class 10th Results 2024 Live: BSEAP SSC Class10 Result is coming soon at bse.ap.gov.in JEE (Main) – 2024 Session 2 Admit Card Released: NTA Released Admit Card for JEE (Main) – 2024 Session 2 NTA Invites Online Applications for Common Management Admission Test-2024 CBSE Class 12 History Paper Analysis 2024: CBSE Class 12 History Answer Key 2024View All Posts