|
Section |
Nature of Payment |
Thresh hold limit |
Payment made to |
|
|
|
|
w.e.f. 1.4.2012 |
Company, firm, co-opv society, Local authority, AOP, BOI |
HUF, Individual |
|
193 |
Interest payable on |
|
|
|
|
|
(a) any debenture or other security of any local authority or
govt. corporation |
5000 |
10 |
10 |
|
|
(b) any debenture listed in stock exchange |
5000 |
10 |
10 |
|
|
(c) any security of the central or state government |
5000 |
10 |
10 |
|
194A |
Bank interest |
10000 |
10 |
10 |
|
194A |
Other interest |
5000 |
10 |
10 |
|
194B |
Winning from lotteries and cross word puzzles |
10000 |
30 |
30 |
|
194BB |
Winning from Horse races |
5000 |
30 |
30 |
|
194C |
Payment to contractors |
30000 (75000 in a year) |
2 |
1 |
|
194C |
Payment to sub-contractors |
30000 (75000 in a year) |
2 |
1 |
|
194C |
Payment to transporter |
If PAN is provided |
Nil |
Nil |
|
194D |
Insurance commission |
20000 |
10 |
10 |
|
194EE |
Payment out of deposit under NSS |
2500 |
- |
20 |
|
194F |
Payment on repurchase of Units of UTI/ MF |
1000 |
20 |
20 |
|
194G |
Commission, remuneration or reward on sale of lottery tickets |
1000 |
10 |
10 |
|
194H |
Commission/brokerage |
5000 |
10 |
10 |
|
194I |
Rent of property |
180000 |
10 |
10 |
|
194I |
Rent of Plant and Machinery |
180000 |
2 |
2 |
|
194J |
Professional fees, fees for technical services or royalty
payment |
30000 |
10 |
10 |
|
194J |
sums referred under 28(va) |
30000 |
10 |
10 |
|
194J(1)(ba) |
Any remuneration or commission paid to director of the company (Effective from 1 July 2012)
|
Nil |
10 |
10 |
|
194LA |
Compensation, consideration or enhanced compensation,
consideration on account of compulsory acquisition of any
immovable property (other than agricultural land) on or after
1.10.2004) |
200000 |
10 |
10 |
|
|
Any other income |
|
20 |
20 |
