TDS, TCS & Advance Tax

Basic Concepts of TDS / TCS

Common Provisions — Sections 196, 197, 197A and 206AA

Section 192 — TDS on Salary

Section 192A — Premature withdrawal from EPF

Section 193 — TDS on Interest on Securities

Section 194 — TDS on Dividend

Section 194A — Interest other than Interest on Securities

Section 194C — Payment to Contractors / Sub-contractors

Section 194D — Insurance Commission

Section 194DA — Maturity of Life Insurance Policy

Section 194G — Commission on Sale of Lottery Tickets

Section 194H — Commission or Brokerage

Section 194I — Rent

Section 194IA — Transfer of Immovable Property

Section 194IB — Rent paid by Individual / HUF (not covered by 194I)

Section 194J — Professional / Technical Fees, Royalty, Director Remuneration

Section 194K — Income from Units (Mutual Funds)

Section 194LA — Compensation on Compulsory Acquisition

Section 194M — Payment by Individual / HUF for Work / Commission / Professional Fees

Section 194N — Cash Withdrawal from Bank / Post Office

Section 194P — Senior Citizens (75+) Exemption from filing ITR

Section 194Q — Purchase of Goods

Section 194R — Benefits or Perquisites of Business / Profession

Section 194T — Payment by Firm/LLP to Partners

Sections 194B, 194BB and 194BA — Winnings