TDS Chart & Due Dates for FY 2024-25
TDS Rates Chart FY 2024-25
| Section | Nature of Payment | Threshold Limit (₹) | TDS Rate for Individuals | TDS Rate for Companies |
|---|---|---|---|---|
| 192 | Salaries | Based on Income Slabs | As per Income Tax Slabs | NA |
| 194A | Interest (Other than Securities) | ₹40,000 (₹50,000 for Senior Citizens) | 10% | 10% |
| 194C | Payment to Contractors/Sub-contractors | ₹30,000 (Single Payment) / ₹1,00,000 (Annual Limit) | 1% (Individual/HUF) | 2% (Others) |
| 194H | Commission or Brokerage | ₹15,000 | 5% | 5% |
| 194I | Rent | ₹2,40,000 | 2% (Plant & Machinery) / 10% (Land/Building) | 2% / 10% |
| 194J | Professional Fees/Technical Services | ₹30,000 | 10% | 10% |
| 194Q | Purchase of Goods (Applicable to Buyer) | ₹50,00,000 | 0.1% | 0.1% |
TDS Due Dates for FY 2024-25
| Month | TDS Deducted During | Due Date for Deposit | Quarterly TDS Return Filing Due Date |
|---|---|---|---|
| April | 1st April – 30th April | 7th May 2024 | 31st July 2024 |
| May | 1st May – 31st May | 7th June 2024 | |
| June | 1st June – 30th June | 7th July 2024 | |
| July | 1st July – 31st July | 7th August 2024 | 31st October 2024 |
| August | 1st August – 31st August | 7th September 2024 | |
| September | 1st September – 30th September | 7th October 2024 | |
| October | 1st October – 31st October | 7th November 2024 | 31st January 2025 |
| November | 1st November – 30th November | 7th December 2024 | |
| December | 1st December – 31st December | 7th January 2025 | |
| January | 1st January – 31st January | 7th February 2025 | 31st May 2025 |
| February | 1st February – 29th February | 7th March 2025 | |
| March | 1st March – 31st March | 30th April 2025 |
Notes
- Late Fees: Failure to deposit TDS on time attracts interest at 1.5% per month, and late filing of returns incurs a penalty of ₹200 per day under Section 234E.
- For Non-PAN Holders: If the deductee does not provide a PAN, TDS is deducted at 20% or the applicable rate, whichever is higher.
- Cross-check TCS (Tax Collected at Source) obligations as applicable.
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