Table of withholding tax under income tax act

 

Name of Payment IT SC EC SHEC Total IT SC EC SHEC Total IT SC EC SHEC Total
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
Sec. 195- Payment of other sum to a non -resident (See Note-2)
a. income from foreign exchange assets 
payable to an Indian citizen. 20 Nil 0.4 0.2 20.6 20 2 0.44 0.22 22.66 NA NA NA NA NA
b. income by way of long-term capital Nil
gains referred to in section 114 E 10 Nil 0.2 0.1 10.3 10 1 0.22 0.11 11.33 NA NA NA NA NA
c. short-term capital gains under section 111A 10 Nil 0.2 0.1 10.3 10 1 0.22 0.11 11.33 10 0.25 0.205 0.1025 10.5575
d. long term capital gains (not being covered Nil
by section 10(33), 10(36) and 10(38) 20 Nil 0.4 0.2 20.6 20 2 0.44 0.22 22.66 20 0.5 0.41 0.205 21.115
e. income by way of interest payable by Nil
Government/Indian concern on money  Nil
borrowed of debt incurred by Government Nil
or Indian concern in foreign currency 20 Nil 0.4 0.2 20.6 20 2 0.44 0.22 22.66 20 0.5 0.41 0.205 21.115
f. royalty (See Note 5) Nil
 where the agreement is made before June 1, 1997 30 Nil 0.6 0.3 30.9 30 3 0.66 0.33 33.99 30 0.75 0.615 0.3075 31.6725
 where the agreement is made after May 31, 1997 but before June 1, 2005 20 Nil 0.4 0.2 20.6 20 2 0.44 0.22 22.66 20 0.5 0.41 0.205 21.115
 where the agreement is made on or after June 1, 1995 10 Nil 0.2 0.1 10.3 10 1 0.22 0.11 11.33 10 0.25 0.205 0.1025 10.5575
g. royalty [not being royalty of the nature referred Nil
to in (f) supra] (see Note 6) Nil
 where the agreement is made after March 31, 1961 but Nil
before April 1, 1976 Nil
 if  recipient is a non-coporate person  30 Nil 0.6 0.3 30.9 30 3 0.66 0.33 33.99 NA NA NA NA NA
 if  recipient is non-domestic company 50 Nil 1 0.5 51.5 NA NA NA NA NA 50 1.25 1.025 0.5125 52.7825
 where the agreement is made after March 31, 1976 but  30 Nil 0.6 0.3 30.9 30 3 0.66 0.33 33.99 30 0.75 0.615 0.3025 31.6725
 before June 1, 1997 Nil
 where the agreement is made after May 31, 1997 but before June 1, 2005 20 Nil 0.4 0.2 20.6 20 2 0.44 0.22 22.66 20 0.5 0.41 0.205 21.115
 
If the recipient is (a) an individual, HUF, BOI or AOP and aggregate of payment or credit subjectto tax deduction does notexceed Rs. 10,00,000 or (b) a co-operative society or © firmor non-domestic companyand aggregate payment/creditdoes not exceed Rs. 1 Crore If the recipient is (a) anindividual, HUF, AOP or BOI and payment(for aggregate of payment) subject to tax deductionexceeds Rs. 10,00,000or ((b) every artificial juridical person or © afirm if aggregate paymentcredit exceeds Rs. 1 Crore If the recipient is non-domestic ccompany and aggregate payment/credit subject to taxdeduction exceedsRs. 1 Crore
 
IT SC EC SHEC Total IT SC EC SHEC Total IT SC EC SHEC Total
Nature of Payment 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
1
Sec. 195 condtd.
 where the agreement is made on or after June 1, 2005 10 Nil 0.2 0.1 10.3 10 1 0.22 0.11 11.33 10 0.25 0.205 0.1025 10.5575
h. fees for technical services (See Note 7)
 where the agreemen is made after February 29, 1964 but before April 
1, 1976
   if receipent is a non-resident non-corporate person 30 Nil 0.6 0.3 30.9 30 3 0.66 0.33 33.99 NA NA NA NA NA
   if receipent is non-domestic company 50 Nil 1 0.5 51.5 NA NA NA NA NA 50 1.25 1.025 0.5125 52.7875
 where the agreement is made after May 31, 1976 but before June 1, 1997 30 nIL 0.6 0.3 30.9 30 3 0.66 0.33 33.99 30 0.75 0.615 0.3075 31.6725
 where the agreement is made after May 31, 1997 but before June 1, 2005 20 nIL 0.4 0.2 20.6 20 2 0.44 0.22 22.66 20 0.5 0.41 0.205 21.115
 where the agreement is made on or after June 1, 2005 10 nIL 0.2 0.1 10.3 10 1 0.22 0.11 11.33 10 0.25 0.205 0.1025 10.5575
I.  Any other income
  if recipient is a non-resident and non-corporate assessee  30 Nil 0.6 0.3 30.9 30 3 0.66 0.33 33.99 NA NA NA NA NA
  if recipient is non-domestic company. 40 Nil 0.8 0.4 41.2 NA NA NA NA NA 40 1 0.82 0.41 42.33

 

 

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