TDS U/S 194E,194LB, 194LBA OF INCOME TAX ACT
Section
194E TDS ON PAYMENT TO NON RESIDENT SPORTSMAN OR NON RESIDENT SPORT
ASSOCIATIONS
 |
| Sec 194E-Non Resident Sportsman |
Sportsman
or entertainer being a non resident foreign citizen participate in INDIA in any
GAMES or SPORTS/ ADVERTISING/ CONTRIBUTION OF ARTICLES relating to any games or
sports IN ANY NEWSPAPER/MAGAZINE OR JOURNAL. And any income is to be received by the SPORTSMAN
that income shall be DEDUCT A TDS @20% ( + surcharge + Health + Education Cess)
and SPORTS ASSOCIATION being a non resident is organised a SPORTS OR ANY GAMES
IN INDIA then the SPORTS ASSOCIATION received the income that income shall be liable to pay a TDS RATES
@20%( + surcharge + Health + Education Cess). And when tax shall be deducted: - AT THE TIME OF
PAYMENT OR CREDITING THE PAYEE WHICHEVER IS EARLIER.
Section
194LB TDS ON INTEREST FROM INFRASTRUCTURE DEBT FUND
 |
| Sec 194LB-Infrastructure Debt Fund |
NON RESIDENT/ FOREIGN COMPANY received the interest income from the INSFRASTUTURE BEDT FUND, then INSFRASTUTURE BEDT FUND to paid a interest income to non resident or foreign company after deduct a TDS of that income, the Interest income shall be liable to pay a TDS RATES @5%( + surcharge + Health + Education Cess). And when tax shall be deducted: - AT THE TIME OF PAYMENT OR CREDITING THE PAYEE WHICHEVER IS EARLIER.
Section 194LBA TDS ON CERTAIN INCOME FROM UNITS OF A BUSINESS TRUST
 |
| Sec 194LBA-Units of Business Trust |
Resident unit holder/ Non Resident unit holder/ Foreign
Company unit holder is unit hold of the UNITS OF A BUSINESS TRUST and the UNITS
OF A BUSINESS TRUST payment is made to Resident unit holder/ Non Resident unit
holder/ Foreign Company unit holder then this income deduct a TDS as per Section
10(23FC)/ Section 10(23FCA), when tax shall be deducted: - AT THE TIME OF PAYMENT OR
CREDITING THE PAYEE WHICHEVER IS EARLIER.
|
PAYEE |
Rate of TDS Section 10(23FC) |
Rate of TDS Section 10(23FCA) |
|
Payment is made
to a RESIDENT UNIT HOLDER |
10% |
10% |
|
Payment is made
to a unit holder being NON RESIDENT |
5% |
30%+SC+HEC |
|
Payment is made
to a unit holder being a FOREIGN COMPANY |
5% |
40%+SC+HEC |
IF YOU SEE THE MORE DETAILS ABOUT THE NON RESIDENT- SPECIAL TAX RATES THEN CLICK THE BELOW LINK
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