TDS CHART for Asst. Year. 2003-04.
| UNDER SECTION | NATURE OF PAYMENT | RATE (incl. surcharge) | WHEN TO DEDUCT | FORM NO. |
| 192 | SALARY | As the rates specified | It exceeds 4166 p.m. or 50,000 p.a. | 24 |
| 194A | INTEREST OTHER THAN INTEREST ON SECURITIES PAYABLE BY | |||
| 1)PERSONS OTHER THAN INDIVIDUALS AND HUFS | 10.5% | If it interest exceeds Rs. 5000/- | ||
| 2)INDIVIDUALS AND HUFS W.E.F. 1/6/2002 IF IT IS LIABLE FOR TAX AUDIT FOR YEAR ENDING 31-3-2002 | 10.5% | " | ||
| IF PAYEE IS A DOMESTIC COMPANY | 21% | " | ||
| 194C | 1)PAYMENT TO CONTRACTOR/SUBCONTRACTOR (PAYABLE TO SUBCONTRACTOR BY PERSON | IF IT EXCEEDS RS 20000 | 26C | |
| 1)OTHER THAN INDIVIDUAL AND HUFS | 2.10% | " | ||
| II)INDIVIDUAL AND HUFS W.E.F 1/6/2002 IF IT IS LIABLE FOR TAX AUDIT YEAR ENDED 31-3-2002 | 2.10% | " | ||
| 111) SUBCONTRACTOR | 1.05% | " | ||
| 194H | COMMISSION OR BROKERAGE PAYABLE BY PERSONS OTHER THAN INDIVIDUALS AND HUFS. | 10.5%(UPTO 31/5/2002) 5.25% |
IF IT EXCEEDS RS 2500 | 26I |
| 194I | RENT PAYABLE BY PERSONS W.E.F. 1/6/2002 IF IT IS LIABLE FOR TAX AUDIT FOR Y.E. 31/3/2002 | IF IT EXCEEDS RS 120000 | 26J | |
| 1) OTHER THAN INDIVIDUALS AND HUFS | 21% | " | ||
| 2)INDIVIDUALS AND HUFS | 15.75% | " | ||
| 194J | FEES FOR PROFESSIONAL AND TECHNICAL SERVICES PAYABLE BY PERSONS | IF IT EXCEEDS RS 20000 | 26K | |
| 1) OTHER THAN INDIVIDUALS AND HUFS | 5.25% | " | ||
| 2)INDIVIDUALS AND HUFS W.E.F. 1/6/2002 IF IT IS LIABLE FOR TAX AUDIT FOR YEAR ENDING 31/3/2002 | 5.25% | " |