Section Nature of Payment Status Tax (%)

193 Interest on Debentures & Securities 10

194 Deemed Dividend 10
Other Interest
> Aggregate sum exceeding Rs. 10,000 for Banking
194A Co’s , etc.per person during the financial year. 10
> Aggregate sum exceeding Rs. 5,000 per person
during the financial year
194B Lottery/Crossword Puzzle > Rs.5,000 30
194BB Winnings from Horse Race > Rs. 2,500 30
Contracts to Transporter, who has provided a valid
0
PAN
194C
Contracts to Individuals/HUF 1
Contracts to others 2
194D Insurance Commission > Rs.5,000 10
194EE Withdrawal from NSS > Rs.2,500 20
194F Repurchase of Units by MF/UTI 20
194G Commission on Sale of Lottery Tickets > Rs.1,000 10
194H Commission or Brokerage > Rs.2,500 10
Rent > Rs.1,20,000 p. a.
2
194I Rent of Plant & Machinery
Rent of Land, Building, Furniture, etc 10
194J Professional or Technical Fess > Rs.20,000 10
Compensation on Compulsory Acquisition of
194LA immovable property >Rs.1,00,000 during 10
the financial year
Surcharg
0
e
Educatio
0
n Cess

Note: If there is no PAN details, then from 1st April 2010 TDS will be deduted at the
Form
27Q:
Section Nature of Payment Status Tax (%)

Payment to nonresident sportsmen or sports

194E 10
association
Income from foreign exchange assets payable to an
195(a) 20
Indian citizen
 Income by way of long-term capital gain referred to
195(b) 10
in sec. 115E
195(c) Income by way of Short-term capital gains u/s. 111A 15
195(d) Income from other long-term capital gains 20
Income by way of interest payable by
Government/Indian concern on money borrowed or
195(e) 20
debt incurred by Government or Indian concern in
foreign currency
Royalty payable by Government or an Indian
concern in pursuance of an agreement made by non-
resident with the Government or the Indian concern
after March 31, 1976, where such royalty is in
consideration for the transfer of all or any rights
(including the granting of a licence) in respect of
copyright in any book on a subject referred to in the
first proviso to section 115A(1A) to the Indian
195(f) concern or in respect of computer software referred
to in the second proviso to section 115(1A), to a
person resident in India -
1.Where the agreement is made before June 1,
30
1997
2.Where the agreement is made after May 31, 1997
20
but before June 1, 2005
3.Where the agreement is made on or after June 1,
10
2005
Royalty (not being royalty of the nature referred to
in (e) sub para) payable by Government or an Indian
concern in pursuance of an agreement made by non-
resident with the Government or the Indian concern
and where such agreement is with an Indian
concern, the agreement is approved by the Central
Government or where it relates to matter included
in the industrial policy, the agreement is in
195(g) accordance with that policy

1.Where the agreement is made after March 31, COMPANY 50

1961 but before April 1, 1976
OTHERS 30
2.Where the agreement is made after March 31,
30
1976 but before June 1, 1997
3.Where the agreement is made after May 31, 1997
20
but before June 1, 1997
 4.Where the agreement is made on or after June 1,
10
2005
Fee for technical services payable by Government or
an Indian concern in pursuance of an agreement
made by non-resident with the Government or the
Indian concern and where such agreement is with
an Indian concern, the agreement is approved by
the Central Government or where it relates to
matter included in the industrial policy, the
agreement is in accordance with the policy -
195(h)
1.Where the agreement is made after February 29, COMPANY 50
1964 but before April 1, 1976
OTHERS 30
2.Where the agreement is made after March 31,
30
1976 but before June 1, 1997
3.Where the agreement is made after May 31, 1997
20
but before June 1, 2005
4.Where the agreement is made on or after June 1,
10
2005
COMPANY 40
195(i) Any other income
OTHERS 30
196A Income in respect of Units of Non-residents 20
Income and Long-term Capital gain from units of an
196B 10
Off shore fund
Income and Long-term Capital Gain from Foreign
196C 10
Currency Bonds or shares of indian companies
Income of Foreign Institutional Investors for
196D 20
Securities
Surcharg
Applicable for Foreign Companies if payment/credit exceeds
e ( On 2.5
Rs.1 crore of such companies
Tax)
Educatio
on Tax deducted Plus Surcharge 3
n Cess
Form
27EQ:
Collectio
Nature of Purchase Tax (%)
n Code
6CA Alcoholic liquor for human consumption 1
6CB Timber obtained under a forest lease 2.5
Timber obtained under any mode other than forest
6CC 2.5
lease
 Any other forest product not being timber or tendu
6CD 2.5
leave
6CE Scrap 1
6CF Parking Lot 2
6CG Toll plaza 2
6CH Mining and quarrying 2
6CI Tendu leaves 5
Surcharg
Applicable for Foreign Companies if collections
e 2.5
exceeds Rs.1 crore of such companies
(On Tax)
Educatio
Applicable for Foreign Companies 3
n Cess