TDS Section Comparison Income tax Act 1961 Vs 2025
- praveen
- 2 days ago
- 2 min read
Sections 392 and 393 of the Income Tax Act 2025 (effective from April 1, 2026) bring together various Tax Deducted at Source (TDS) provisions into a new framework. Section 392 addresses TDS on salary and accumulated PF balances, while Section 393 serves as a comprehensive section for TDS on payments to residents such as interest, rent, commission, and professional fees, replacing more than 40 older sections.
Provided a summary of the comparison between the TDS Section of the Income Tax Act 1961 and that of 2025:
Old Section ( IT Act 1961) | New Section (IT Act 2025) | Nature of Payment |
192 | 392(1)(a) | Salary |
192A | 392(6) | Accumulated PF balance |
194D | 393(1) Sl.1(i) | Insurance commission (non-corporate) |
194D | 393(1) Sl.1(i) | Insurance commission (company) |
194H | 393(1) Sl.1(ii) | Commission or brokerage |
194-IB | 393(1) Sl.2(i) | Rent by individual/HUF (not liable to audit) |
194-I | 393(1) Sl.2(ii)(a) | Rent (plant & machinery) |
194-I | 393(1) Sl.2(ii)(b) | Rent (land, building, furniture, fittings) |
194-IA | 393(1) Sl.3(i) | Transfer of immovable property (not agricultural land) |
194-IC | 393(1) Sl.3(ii) | Monetary consideration under JDA |
194LA | 393(1) Sl.3(iii) | Compensation on acquisition of immovable property |
194K | 393(1) Sl.4(i) | Income in respect of units |
194LBA | 393(1) Sl.4(ii) | Distribution by business trust (interest/rent, etc.) |
194LBB | 393(1) Sl.4(iii) | Income from investment fund (non-exempt) |
194LBC | 393(1) Sl.4(iv) | Income from securitization trust |
193 | 393(1) Sl.5(i) | Interest on securities |
194A | 393(1) Sl.5(ii) | Interest (Bank/Post Office) - Senior citizen |
194A | 393(1) Sl.5(ii) | Interest (Bank/Post Office) - Others |
194A | 393(1) Sl.5(iii) | Interest (other than Bank/Post Office) |
194C | 393(1) Sl.6(i) | Contractor/sub-contractor (individual/HUF) |
194C | 393(1) Sl.6(i) | Contractor/sub-contractor (others) |
194M | 393(1) Sl.6(ii) | Specified payments by individual/HUF (not liable Under 194C/H/J) |
194J | 393(1) Sl.6(iii) | Professional Services/Technical services/specified royalty |
194J | 393(1) Sl.6(iii) | Other professional fees/royalty |
194J | 393(1) Sl.6(iii) | Director fees/remuneration |
194 | 393(1) Sl.7 | Dividend |
194DA | 393(1) Sl.8(i) | Life insurance payout (taxable component) |
194Q | 393(1) Sl.8(ii) | Purchase of goods |
194P | 393(1) Sl.8(iii) | Resident senior citizen (≥75 yrs, specified bank) |
194R | 393(1) Sl.8(iv) | Benefit/perquisite from business/profession |
194-O | 393(1) Sl.8(v) | E-commerce payments to resident participant |
194S | 393(1) Sl.8(vi) | Transfer of virtual digital asset |
194B | 393(10) Sl.1 | Lottery, puzzle, card game, betting winnings |
194BA | 393(10) Sl.2 | Winnings from online games |
194BB | 393(10) Sl.3 | Winnings from horse races |
194G | 393(10) Sl.4 | Lottery ticket commission |
194N | 393(10) Sl.5 | Cash withdrawal (normal case) |
194N | 393(10) Sl.5 | Cash withdrawal (non-filers, 3 preceding FYs) |
194EE | 393(10) Sl.6 | NSS/annuity deposits |
194T | 393(10) Sl.7 | Remuneration/salary/interest to partner of firm |
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