Meeting allowance and payment made for occasional teaching.

Retirement payment made by government of Nepal or approved/unapproved retirement fund.

Interest paid by bank, financial institution or any other institute issuing debenture or company listed under prevailing laws to natural person for other than conducting business.

Gain from retirement fund paid by resident person.

Payment made by resident person for gain from investment insurance including compensation for personal accident.

Amount paid to natural person in consideration of land & building.

Time of Deduction TDS should be deducted earlier of following Time of payment or booking of expenditure Obligation to Deduct TDS Primary obligation = Withholding agent (Payer) In case of non deduction obligation will transfer to withholdee (Payee). What is TDS TDS = Tax deducted at Source Amount which is deducted at source in prescribed set of payment according to of Income Tax ACT 2058. Credit of TDS to be claimed within same year of income.

TDS are Final withholding and Creditable both.

Person require to make TDS should registered in PAN.

Rate and method may differ based on structure of recipient & payee.Rate of TDS on Payment to resident and to non resident may differ.TAX Deducted at Source (TDS) Presentation on

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