Nature of Payment
Basic Cut-off (Rs.) p.a.
TDS rate for
Individual and HUF
Other than Individual/ HUF
If PAN is not submitted/ Invalid PAN
Payment of Salaries by Employers
Premature payment by PF Organization from EPF A/c
(i.e. before 5 Years)
Payment of Interest on Securities by company
Payment of Dividend other than dividend as referred to Section 115O by company
(i.e. Dividend on which Dividend Distribution Tax is not paid)
Payment of Interest by Bank
(Non Sr. Citizen)
Payment of Interest by others
Payment of prize from Wining from Lotteries by any person.
Payment of prize from Wining from Horse Race by any person.
Payment to Contractors by any person.
(Single bill) or
aggregate bills during year
Payment to Transporter Covered u/s. 44E and submit declaration in prescribed format.
(i.e. owning less than 10 goods carriages)
Payment to Transporter not covered u/s. 44E
(i.e. owning more than 10 goods carriages)
aggregate bills during the year
Payment of Insurance Commission to agents by Insurance Company.
Payment in respect of maturity of Life Insurance Policy by Life Insurance Company.
Payment to NRI sportsman or association by any person or organization
Payment out of deposit under National Saving Scheme (NSS)
Payment with respect to repurchase of units by Mutual Fund Companies.
Payment of Lottery Commission
Payment of commission or Brokerage
Payment of rent on land, building, furniture and fittings.
Payment of rent on plant, machinery or equipment
Payment made on account of transfer of immovable property other than agriculture land.
Rent payable by individual not covered u/s. 194I for land, building, furniture and Fittings
Payment of Professional Fees other than call centers
Payment of Professional Fees to call centers.
Compensation on transfer of certain immoveable property than Agriculture Land