TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>TDS at 10% on Mutual Fund Income Under Section 194K When Exceeding Rs. 5,000 Threshold</h1> Section 194K governs tax deduction at source (TDS) on income from mutual fund units, units from the Administrator of specified undertaking, or units from specified company paid to residents. TDS applies at 10% when income is credited or paid, whichever is earlier. From 01.04.2020 to 31.03.2025, TDS applies when aggregate income exceeds Rs. 5,000, increasing to Rs. 10,000 thereafter. TDS is not applicable when aggregate income doesn't exceed threshold limits or when income represents capital gains. The provision includes specific definitions for 'Administrator,' 'specified company,' and 'specified undertaking' as referenced in the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002.
TaxTMI 
TaxTMI 
