TDS Rates for Non-Residents u/s 195 of Income Tax Act, 1961
| # |
Nature of Payment |
Co. |
Others |
| 1 |
Long Term Capital Gains u/s 115E |
NA |
10% |
| 2 |
Other Long Term Capital Gains (excluding u/s 10(33), 10(36) & 10 (38)) |
20% |
20% |
| 3 |
Short Term Capital Gains u/s. 111A |
15% |
15% |
| 4 |
Investment income from Foreign Exchange Assets |
NA |
20% |
| 5 |
Short Term Capital Gains u/s. 111A |
15% |
15% |
| 6 |
Royalty & Fees for technical services u/s. 115A
- Agreement 1st June, 1997 to 31st May, 2005
- Agreement on or after 1st June 2005 |
20%, 10% |
20%, 10% |
| 7 |
Winnings from Lotteries, Crossword Puzzles and Horse Races |
30% |
30% |
| 8 |
Any Other Income |
40% |
30% |
Notes :
Surcharge @ 2% is applicable only in case of Non-Domestic Companies where payments exceed Rs. 1 cr.
Education cess @ 3% is applicable in all cases.
Interest on delay in deposit of tax after deduction
| Stage of deduction |
Upto 30th June 2010 (Rate per month or part of the month) |
From 1st July 2010 (Rate per month or part of the month |
| From date when deductible till actual deduction |
1% |
1% |
| From date of deduction till payment |
1% |
1.5% |
