This study explored the impact of emotional intelligence on performance at the individual and team levels in information technology projects. The moderating effect of task interdependence has also been examined amid the relationship of emotional intelligence and individual and project team performances. Data were assembled, by means of questionnaires, from IT firms located in Rawalpindi and Islamabad and the convenient sampling technique was applied for data gathering. Two types of questionnaire were disseminated; first for the project managers and second for the project team members. Out of 260 dispatched questionnaires, workable data was comprised of 200 samples. The conclusion of this research could be put forward as emotional intelligence significantly affects the individual and project team performances and task interdependence positively moderates the relationship of emotional intelligence and performance at team level. This study has numerous theoretical and managerial implications.