| Section | Thresold Limit | Particulars |
192
| If net taxable income is less than maximum amount which is not chargeable to tax: Rs. 2,50,000 for an individual, Rs. 3,00,000 for Senior Citizens, Rs. 5,00,000 for Super Senior Citizens
| No TDS Source from salaries
|
192A
| If the amount paid is less than 30,000.
| No TDS from payment of PF account of an employee.
|
193
| If the amount paid or payable during the financial year is less than Rs 5000.
| No TDS from interest paid on debentures issued by a company in which public are substantially interested. Provident interest is paid by account payee cheque to resident individual or HUF.
|
193
| If amount paid or payable during the financial year is less than Rs 10,000.
| No TDS from interest on 8% Saving (Taxable) Bonds 2003 paid to a resident person.
|
193
| If a declaration is made that the nominal value of such bonds did not exceed Rs. 10,000 at any time during the previous year.
| No TDS from interest on 6.5% Gold bonds, 1977 or 7% Gold bonds, 1980 paid to resident individual.
|
194
| If the amount paid or payable during the financial year is less than Rs. 2,500
| No TDS from dividend paid by account payee cheque to resident persons.
|
194A
| If the amount paid or payable during the financial year is less than Rs. 10,000
| No TDS from interest other than on securities paid by a banking company or co-operative bank on time deposits.
|
194A
| If the amount paid or payable during the financial year is less than Rs. 10,000
| No TDS from interest on deposit with a post office under Senior Citizens Saving Scheme Rules, 2004
|
194A
| If the amount paid or payable during the financial year is less than Rs. 5,000
| No TDS from interest other than on securities (in any other case)
|
194A
| if the amount paid or payable during the financial year is less than Rs. 50,000
| No TDS from interest on compensation awarded by Motor Accident Claims Tribunal
|
194B
| If the amount paid or payable during the financial year is less than Rs. 10,000
| No TDS from Lottery / Cross Word Puzzles
|
194BB
| If the amount paid or payable during the financial year is less than Rs. 10,000.
| No TDS from winnings from horse races
|
194C
| If sum paid or payable to a contractor in a single payment is less than Rs. 30,000 If sum paid or payable to a contractor in aggregate is less than Rs. 1,00,000 during the financial year
| No TDS from sum paid or payable to contractor.
|
194D
| If the amount paid or payable during the financial year is less than Rs. 15,000
| No TDS from insurance commission paid or payable during the financial year.
|
194DA
| If the amount paid or payable during the financial year is less than Rs. 1 lakh
| No TDS from sum payable under a life insurance policy (including bonus) to a resident.
|
| 194EE | If the amount paid or payable during the financial year is less than Rs. 2,500
| No TDS from payments made from deposits under NSS
|
| 194G | If the amount paid or payable during the financial year is less than Rs. 15,000.
| No TDS from commission paid on lottery tickets.
|
194H
| If the amount paid or payable during the financial year is less than Rs. 1,80,000
| No TDS from payment of rent in respect of land &building, furniture or fittings or plant and machinery
|
194-I
| If the amount paid or payable during the financial year is less than Rs. 1,80,000
| No TDS from payment of rent in respect of land &building, furniture or fittings or plant and machinery
|
194-IA
| If the amount paid or payable during the financial year is less than Rs. 50 lakhs
| No TDS from payment of consideration for purchase of an immovable property (other than agriculture land)
|
194-IB
| If the amount of rent is less than Rs. 50,000 for a month or part of a month
| No TDS on payment of rent of any land or building or both by an individual/HUF [whose books of account are not required to be audited under section 44AB] to resident person.
|
194J
| If the amount paid or payable during the financial year is less than Rs. 30,000
| No TDS from payment of professional fees, technical fees, royalty and directors’ remuneration
|
194 LA
| If the amount paid or payable during the financial year is less than Rs. 2,50,000
| No TDS from payment of compensation for compulsory acquisition of immovable property (other than Agricultural Land)
|
206A
| If the amount paid or payable during the financial year is less than: - Rs.10,000 where the payer is a co-operative society or a banking company
- Rs.5,000 in other case
| Furnishing of quarterly return in respect of payment of interest (other than interest on securities) to residents without deduction of tax.
|
