31. Types Of Income Subject To TDS [Deduction Of Tax At Source]

The following types of incomes are mainly subject to deduction of tax at source:

(a)     Salaries Section 192.
(b)     Interest on securities Section 193.
(c)     Dividend Section 194. (d)     Other interest Section 194A.
(e)     Winnings from lottery or crossword puzzle - Section 194B.
(f)      Winning from horse race — Section 194BB.
(g)     Payment to resident contractors and sub-contractors — Section 194C.
(h)     Insurance commission Section 194D.
(i)      Payments to non-resident sportsmen or sports associations — Section 194E.
(j)      Payments in respect of deposits under the N.S.S. Section 194EE.


(k)     Payments on account of repurchase of units by Mutual Fund or UTI — Section 194F.
(l)      Commission, etc., on the sale of lottery tickets Section 194G.
(m)    Commission or brokerage — Section 194H.
(n)     Rent exceeding 1,80,000 Section 1941 [w. e. f. 1-7-2010].
(o)     Fees for professional or technical services, including royalties etc., — Section 194J.
(p)     Income in respect of units of a mutual fund Section 194K
(q)     Payment of compensation on asset Section 194L
(r)      Payment of compensation on acquisition of certain immovable property — Section 194LA
(s)     Payment on transfer of certain immovable property other than agricultural land — Section          194 LAA.
(t)      Payment of income by way of interest from Infrastructure Debt Fund Section 194LB.
(u)     Other sums payable to non-residents and non-Indian companies only— Section 195.
(v)     Income from units — Section 196B.
(w)    Income from foreign currency bonds or shares of Indian company — Section 196 C.
(x)     Income of foreign institutional investors from securities — Section l96D.

Sec. 143(3) : Scrutiny Assessments by Income Tax Department
“Penalties” Under Income Tax Act. 1956
How is a Search Operation Conducted by Income Tax Department ?
Surveys for Checking Ostentatious Expenditure
Surveys for Enforcing Compliance with Provisions of TDS
“Summon” U/s 131 of Income Tax Act.
Investigation by Income Tax Department:
Appellate Authorities of Income Tax Department
Power to Call for Information U/s Sec. 133(6) of Income Tax Act.
Specific Surveys U/s 133A(1) of Income Tax Act.
Types Of Income Subject To TDS [Deduction Of Tax At Source]
Pre-Requisite For Claiming Income Tax Refund
Benefits of Filing Income Tax Returnsn
Section-139(9): Defective Tax Return
Get Updated ...
Tally.ERP 9 Book
Guide & FAQ on Tax Knowledgebase @ Taxation Income Tax @ Glance HUF - Formation, Planning & Taxation
Charitable & Religious TRUST NRI (Tax Planning,Saving,Investemnt) Budget 2017-2018 GST (FAQ, Law, Act. Rules, Schedule, Enrollment)

All efforts are made to keep the content of this site correct and up-to-date. But, this site does not make any claim regarding the information provided on its pages as correct and up-to-date. The contents of this site cannot be treated or interpreted as a statement of law. In case, any loss or damage is caused to any person due to his/her treating or interpreting the contents of this site or any part thereof as correct, complete and up-to-date statement of law out of ignorance or otherwise, this site will not be liable in any manner whatsoever for such loss or damage.

The visitors may click here to visit the web site of Income Tax Department for resolving their doubts or for clarifications