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This is only a renumbering — Section 194 of ITA 1961 is now Section 393(1), Sl. 7 of ITA 2025. The legal position is unchanged. Existing judicial precedents continue to apply. No action required beyond updating section references in filings from AY 2026-27 onwards.
Section 194: TDS on dividend at 10%. Threshold Rs. 5,000.
Section 393(1), Table Sl. No. 7: TDS on dividend to residents. Same rate and threshold.
Consolidated into Section 393(1), Table Sl. No. 7. No change in rate or threshold.
Only renumbering; substantive law unchanged. Existing judicial precedents continue to apply.
The language has been simplified but the legal effect is the same. Section 194A is now Section 393(1), Sl. 5. You do not need to change your tax planning or compliance approach. Update section references in new filings.
Section 194A: TDS on interest (other than interest on securities) at 10%. Threshold Rs. 40,000 (banks/PO), Rs. 10,000 (others). Senior citizen threshold Rs. 50,000 (banks), Rs. 1 lakh.
Section 393(1), Table Sl. No. 5(ii)/(iii): TDS on bank/PO interest (rates in force, threshold Rs. 50,000/Rs. 1 lakh senior) and other interest (rates in force, threshold Rs. 10,000). Within consolidated TDS framework.
Consolidated into Section 393(1) — payments to residents. All TDS on interest now under sub-items 5(i)–5(iii) of Section 393(1). Rates and thresholds retained.
Language simplified or restructured for clarity. Legal effect remains the same.
This is only a renumbering — Section 194C of ITA 1961 is now Section 393(1), Sl. 6(i) of ITA 2025. The legal position is unchanged. Existing judicial precedents continue to apply. No action required beyond updating section references in filings from AY 2026-27 onwards.
Section 194C: TDS on contractor payments — 1% (individual/HUF), 2% (others). Threshold Rs. 30,000 single / Rs. 1 lakh aggregate.
Section 393(1), Table Sl. No. 6(i): TDS on contractor payments by designated person — 1%/2%. Thresholds Rs. 30,000/Rs. 1 lakh. Within consolidated TDS framework.
Consolidated into Section 393(1), Table Sl. No. 6(i). Rates (1%/2%) and thresholds (Rs. 30,000/Rs. 1 lakh) unchanged.
Only renumbering; substantive law unchanged. Existing judicial precedents continue to apply.
The compliance process has changed — including affected forms. The substantive law remains the same, but you should update your filing procedures for AY 2026-27 onwards.
Section 194J: TDS at 10% on professional fees, technical fees, royalty, non-compete fees. 2% for certain technical services/call centre. Threshold Rs. 30,000.
Section 393(1), Table Sl. No. 6(iii): Technical fees at 2%, professional fees at 10%, director fees at 10%, royalty at 10%. Threshold Rs. 50,000. Within consolidated TDS framework.
Consolidated into Section 393(1), Table Sl. No. 6(iii). Rates unchanged (2% technical, 10% professional). Threshold increased from Rs. 30,000 to Rs. 50,000.
Compliance process, forms, or timelines changed; substantive rights/obligations unaffected.
Threshold for TDS on professional/technical fees increased from Rs. 30,000 to Rs. 50,000.
The compliance process has changed — timelines or procedures may differ. The substantive law remains the same, but you should update your filing procedures for AY 2026-27 onwards.
Section 194B: TDS at 30% on winnings from lottery, crossword puzzle, card game, gambling, etc. Threshold Rs. 10,000 aggregate per year.
Section 393(3), Table Sl. No. 1: TDS on winnings — 30%. Threshold changed to Rs. 10,000 per transaction.
Consolidated into Section 393(3), Table Sl. No. 1. Threshold changed from aggregate per year to per transaction.
Compliance process, forms, or timelines changed; substantive rights/obligations unaffected.
Threshold basis changed from 'aggregate per year' to 'per transaction'.
The compliance process has changed — timelines or procedures may differ. The substantive law remains the same, but you should update your filing procedures for AY 2026-27 onwards.
Section 194D: TDS at 5% on insurance commission. Threshold Rs. 15,000.
Section 393(1), Table Sl. No. 1(i): TDS on insurance commission — 5%. Threshold increased to Rs. 20,000.
Consolidated into Section 393(1), Table Sl. No. 1(i). Threshold increased from Rs. 15,000 to Rs. 20,000.
Compliance process, forms, or timelines changed; substantive rights/obligations unaffected.
Threshold for insurance commission TDS increased from Rs. 15,000 to Rs. 20,000.
This is a material change. The legal position under Section 393(1), Sl. 1(ii) of ITA 2025 differs from Section 194H of ITA 1961. Review the change carefully — it may affect your tax liability, deductions, or compliance obligations.
Section 194H: TDS at 5% on commission or brokerage. Threshold Rs. 15,000.
Section 393(1), Table Sl. No. 1(ii): TDS on commission/brokerage — 2%. Threshold Rs. 20,000.
Consolidated into Section 393(1), Table Sl. No. 1(ii). Rate reduced from 5% to 2%. Threshold increased from Rs. 15,000 to Rs. 20,000.
Material change in law — different legal position, rates, conditions, or consequences.
Threshold increased from Rs. 15,000 to Rs. 20,000.
This is a material change. The legal position under Section 393(1), Sl. 2 of ITA 2025 differs from Section 194-I of ITA 1961. Review the change carefully — it may affect your tax liability, deductions, or compliance obligations.
Section 194-I: TDS on rent — 2% for plant & machinery, 10% for land/building/furniture. Threshold Rs. 2,40,000 per year.
Section 393(1), Table Sl. No. 2: TDS on rent — 2% (plant/machinery), 10% (land/building). Threshold increased to Rs. 50,000 per month.
Consolidated into Section 393(1), Table Sl. No. 2. Rates unchanged. Threshold increased from Rs. 2,40,000/year to Rs. 50,000/month (Rs. 6,00,000/year).
Material change in law — different legal position, rates, conditions, or consequences.
Threshold for TDS on rent increased from Rs. 2,40,000/year to Rs. 50,000/month.
This is only a renumbering — Section 194-IA of ITA 1961 is now Section 393(1), Sl. 3(i) of ITA 2025. The legal position is unchanged. Existing judicial precedents continue to apply. No action required beyond updating section references in filings from AY 2026-27 onwards.
Section 194-IA: TDS at 1% on payment for transfer of immovable property (non-agricultural) exceeding Rs. 50 lakh.
Section 393(1), Table Sl. No. 3(i): TDS on immovable property transfer — 1%, Rs. 50 lakh threshold.
Consolidated into Section 393. No change in rate or threshold.
Only renumbering; substantive law unchanged. Existing judicial precedents continue to apply.
The compliance process has changed — timelines or procedures may differ. The substantive law remains the same, but you should update your filing procedures for AY 2026-27 onwards.
Section 194K: TDS at 10% on income from mutual fund units. Threshold Rs. 5,000.
Section 393(1), Table Sl. No. 4(i): TDS on mutual fund income — 10%. Threshold increased to Rs. 10,000.
Consolidated into Section 393. Threshold increased from Rs. 5,000 to Rs. 10,000.
Compliance process, forms, or timelines changed; substantive rights/obligations unaffected.
Threshold increased from Rs. 5,000 to Rs. 10,000.
The compliance process has changed — timelines or procedures may differ. The substantive law remains the same, but you should update your filing procedures for AY 2026-27 onwards.
Section 194LA: TDS at 10% on compensation for compulsory acquisition. Threshold Rs. 2,50,000.
Section 393(1), Table Sl. No. 3(iii): TDS on acquisition compensation — 10%. Threshold increased to Rs. 5,00,000.
Consolidated into Section 393. Threshold increased from Rs. 2,50,000 to Rs. 5,00,000.
Compliance process, forms, or timelines changed; substantive rights/obligations unaffected.
Threshold doubled from Rs. 2.5 lakh to Rs. 5 lakh.
This is only a renumbering — Section 194O of ITA 1961 is now Section 393(1), Sl. 8(v) of ITA 2025. The legal position is unchanged. Existing judicial precedents continue to apply. No action required beyond updating section references in filings from AY 2026-27 onwards.
Section 194O: TDS at 1% on payments by e-commerce operator to e-commerce participant. Threshold Rs. 5,00,000/year.
Section 393(1), Table Sl. No. 8(v): Same — 1% TDS on e-commerce payments.
Consolidated into Section 393. No change.
Only renumbering; substantive law unchanged. Existing judicial precedents continue to apply.
This is only a renumbering — Section 194S of ITA 1961 is now Section 393(1), Sl. 8(vi) of ITA 2025. The legal position is unchanged. Existing judicial precedents continue to apply. No action required beyond updating section references in filings from AY 2026-27 onwards.
Section 194S: TDS at 1% on payment for transfer of virtual digital assets. Threshold Rs. 50,000 (specified persons), Rs. 10,000 (others).
Section 393(1), Table Sl. No. 8(vi): Same TDS on crypto/VDA transfers.
Consolidated into Section 393. No change.
Only renumbering; substantive law unchanged. Existing judicial precedents continue to apply.
This is a material change. The legal position under Section 393(3), Sl. 7 of ITA 2025 differs from Section 194T (new in FA 2025) of ITA 1961. Review the change carefully — it may affect your tax liability, deductions, or compliance obligations.
Section 194T (inserted by Finance Act 2025): TDS on salary, remuneration, commission, bonus, interest to partners exceeding Rs. 20,000.
Section 393(3), Table Sl. No. 7: TDS on payments to partners. New provision.
New TDS provision — payments to partners now subject to TDS. Rs. 20,000 threshold.
Material change in law — different legal position, rates, conditions, or consequences.
New provision effective from 1 April 2025. Partners now face TDS on remuneration/interest.