Income tax · Sections 392–394

TDS section finder for FY 2026-27.

Search by payment type or old section number to get the rate, the threshold and the section you now report under. Covers 37 payment types across TDS and TCS.

On payment codes: published sources disagree on the numeric codes under Section 393 — contractor payments are given as 1005/1006 by one and 1023/1024 by others, and CBDT has issued no consolidated public mapping. This tool gives you the rate, threshold and parent section, which are settled, and asks you to confirm the numeric code on the e-Pay Tax portal. A wrong code means a defective return and a blocked credit for your vendor.

Find your section

Last reviewed
August 2026 · checked against the rates and thresholds in force for FY 2026-27.
Methodology
Payment types are mapped to their TDS section with the rate and annual threshold in force for the financial year shown. Rates assume a valid PAN; a higher rate applies under Section 206AA where PAN is not furnished.
Source
Income-tax Act, 1961 — Chapter XVII-B; rates as notified for FY 2026-27.
Disclaimer
This calculator is provided for guidance and runs entirely in your browser — nothing you enter is transmitted to us. It is not tax, legal or accounting advice, and it does not replace the judgement of the professional signing off a return. Verify against the current law before relying on a figure.
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What changed on 1 April 2026

The Income-tax Act 2025 replaced the 1961 Act. For TDS, the renumbering is the part that breaks filings.

The entire 194-series has been consolidated. Rather than a separate section for each payment type, there is now one section with a schedule of payment types inside it:

Section 392 → TDS on salary (was 192) Section 393 → All other TDS (was the whole 194-series) Section 394 → TCS (was 206C)

Rates and thresholds themselves are unchanged. What changed is the label you put on the challan and the return. The Income Tax Department has confirmed that quoting an old section number on a post-April transaction can trigger validation errors at the system level.

The test is the earlier of credit or payment

This decides which Act applies, and it catches people out at the year boundary. If you credited a vendor's account on 28 March 2026 and paid them on 5 April 2026, the earlier event is the March credit — so the old numbering applies, even though the challan is deposited in April. You will be filing under both regimes for several quarters.

Return forms

24Q → Form 138 TDS on salary 26Q → Form 140 TDS, non-salary residents 27Q → Form 144 TDS, non-residents 27EQ → Form 143 TCS

Due dates are unchanged: 31 July, 31 October, 31 January and 31 May for Q1 to Q4.

Where PAN is missing

Deduct at 20% or the applicable rate, whichever is higher. Note that Sections 206AB and 206CCA — the higher rates for non-filers — were omitted with effect from 1 April 2025, so that separate compliance check has gone.

Questions people ask

Do I still quote Section 194C on a TDS return?

Not for transactions where the earlier of credit or payment falls on or after 1 April 2026. Those are reported under Section 393 with a numeric payment code. The Income Tax Department has confirmed that quoting the old 194-series numbers on post-April transactions can produce system-level validation errors. Transactions up to 31 March 2026 continue under the old numbering.

Which Act applies if I credited in March but paid in April 2026?

The 1961 Act. The trigger is the earlier of credit or payment. Crediting the party on 28 March 2026 and paying on 5 April 2026 means the earlier event fell in March, so old section codes and old forms apply even though the challan is deposited later.

Why does this tool not show the numeric payment code?

Because published sources disagree on them. Contractor payments under the old Section 194C, for example, are given as codes 1005 and 1006 by one source and 1023 and 1024 by two others, and CBDT has not released a consolidated public mapping. Quoting a wrong code produces a defective return and can block the deductee's credit in Form 26AS, so the tool gives you the parent section and rate with certainty and tells you to confirm the code in the dropdown on the e-Pay Tax portal.

What is the TDS rate if the deductee has no PAN?

Twenty per cent, or the rate otherwise applicable, whichever is higher. For Section 192A it is 20%. Sections 206AB and 206CCA, which imposed higher rates on non-filers, were omitted with effect from 1 April 2025, so that additional check no longer applies.

What is the difference between the 10% and 2% rates under Section 194J?

Professional fees attract 10%, while fees for technical services, royalty for film distribution and payments to call centres attract 2%. Deducting 10% where 2% applies over-deducts from the vendor; deducting 2% where 10% applies leaves you short and exposed to interest under Section 201(1A). It is the most commonly missed distinction in the section.

Which return form do I file now?

Form 138 replaces Form 24Q for salary, Form 140 replaces Form 26Q for non-salary residents, Form 144 replaces Form 27Q for non-residents, and Form 143 replaces Form 27EQ for TCS. Due dates are unchanged at 31 July, 31 October, 31 January and 31 May.

Do I need a TAN for every deduction?

No. Deductions under the old Sections 194-IA on property purchase, 194-IB on rent by individuals, and 194M on contract or professional payments by individuals not under audit are made against PAN using a challan-cum-statement, with no TAN required. These also follow a 30-day deposit rule rather than the 7th of the following month.

Has Section 194T changed anything for partnerships?

Yes, and it is widely missed. From 1 April 2025 a firm must deduct 10% on salary, remuneration, commission, bonus or interest paid to a partner once the aggregate crosses ₹20,000 in a year. Partner drawings were previously outside TDS altogether, so many firms have no process for it.