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Tds rate on india &rules?



Tds rate on india &rules?

This answer to this question is simply beyond the scope of this forum.

A complete booklet can be written on this question alone.

There are tens of section on this question alone.

For your info, TDS rates depends upon lots of factors:

a) Type of deductor
b) Type of deductee
c) Nature of Payments
d) Resident Status of Deductee
e) Exemptions limits

so on and so forth...


I suggest that you either buy specific book on TDS from market or buy Income tax ready reckoner. That will be able to solve your queries.

So complicated, is the subject that even being a Chartered Accountant I still have to refer to ready reckoner in my day to day practice and while giving consultancy to my clients.


CA. Deepak Bholusaria
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