|
Nature
of Payment
|
Section
|
Category
of Receipent
|
Effective
Tax Rate
|
Annual
Return Form No
|
Due
Date
|
|
Income
from salary
|
192
|
Individual
|
At
specified rates
|
24
|
May
31
|
|
Interest
other than interest on securities
|
194A
|
Persons
resident in India being individuals HUGs, Body
of Individuals or Association of persons, Partnership
Firms
|
10.50%
|
26
A
|
June
30
|
|
Payment
to Contractors (Other than advertising Contract)
|
194-C
|
Persons
resident in India being individuals HUGs, Body
of Individuals or Association of persons, Partnership
Firms
|
2.1%
|
26C
|
June
30
|
|
Brokerage
& Commission
|
194H*
(1.4.2002-31.5.2002)
|
Any
person resident in India
|
10.50%
|
26I
|
June
30
|
|
|
194H*
(w.e.f.1.6.2002)
|
Any
person resident in India
|
5.25%
|
26I
|
June
30
|
|
Rent
|
194-I
|
Persons
resident in India being individuals HUFs
|
15.75%
|
26J
|
June
30
|
|
|
|
Persons
resident in India being Body of Individuals or
Association of Persons, Partnership
|
21%
|
|
|
|
Payment
for Professional Services
|
194J
|
Persons
resident in India being individuals, HUFs, Body
of Individuals or Association of Persons, Partnership
Firms
|
5.25%
|
26K
|
June
30
|
|
|
|
Domestic
Company
|
5.25%
|
26K
|
June
30
|
