TCS Rates for the FY 2011-12

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The Tax Collection at Source Rates for the Financial Year 2011-12 is tabulated below:

Sl.No. Nature of Goods Rates in %
1. Alcoholic liquor for human Consumption 1
2. Tendu leaves 5
3. Timber obtained under forest lease 2.5
4. Timber obtained by any mode other than a forest lease 2.5
5. Any other forest produce not being timber or tendu leaves 2.5
6. Scrap 1
7. Parking lot 2
8. Toll plaza 2
9. Mining & Quarrying 2



No Education Cess on payment made to resident

Education Cess is not deductible/collectible at source in case of resident Individual/HUF /Firm/ AOP/ BOI/ Domestic Company in respect of payment of income other than salary. Education Cess @ 2% plus secondary & Higher Education Cess @ 1% is deductible at source in case of non-residents and foreign company.


Acceptance of e-TDS/TCS statements in Pen Drive

  • Submission of e-TDS/TCS statement has been enabled in Pen Drive in addition to the existing option of CD.
  • Deductors /Collectors are advised to check the feasibility of acceptance of statement in pen drive with TIN Facilitation centers before submission.
  • The Pen Drive / CD may contain details of multiple e-TDS/TCS statements.
  • The computer media (CD/Pen Drive) will be return after acceptance of statements