Changes in TDS Rates w.e.f. 01/10/2009

Applicable for AY 2010-11 (FY 2009-10)

194-I: Rental Payments
Earlier rates:Plant and Machinery = 10%
Land or building or furniture or fittings to Individual/HUF = 15%
Land or building or furniture or fittings to Others = 20%
Revised Rates:
Plant and Machinery = 2%
Land or building or furniture or fittings to anyone = 10%


194-C: Contracts
Earlier rates:
Contracts = 2%
Sub-Contracts = 1%
Advertisement Contracts = 1%
Revised Rates:Contracts to Individuals/HUF = 1%
Contracts to others = 2%
Surcharge and Cess


No surcharge or Cess is applicable for TDS. Only the specified TDS rates should be considered for deduction.