When does the Income-tax Act, 2025 take effect for TDS and TCS?

The Income-tax Act, 2025 takes effect on 01 April 2026 (Tax Year 2026-27 / FY 2026-27). All credits or payments occurring on or after 01-04-2026 must quote the new parent sections (392, 393, 394) and 4-digit payment codes (1001 – 1092).

What happens if an old section number (like 194C or 194J) is quoted on a return after 01-04-2026?

Quoting an old section number on a return or challan for payments made on or after 01-04-2026 will trigger automated system-level validation errors on the e-Pay Tax portal and e-filing system.

How has Section 194J been split under the Income-tax Act, 2025?

Old Section 194J is split into three distinct numeric codes under Section 393(1): Code 1026 (Technical services, call centres, film royalty @ 2%), Code 1027 (Professional services & non-compete @ 10%), and Code 1028 (Director remuneration / fees @ 10%).

What return forms replace Form 24Q, 26Q, 27Q, and 27EQ?

Form 24Q is replaced by Form 138 (Salary u/s 392), Form 26Q by Form 140 (Residents non-salary u/s 393(1)), Form 27Q by Form 144 (Non-residents u/s 393(2)), Form 27EQ by Form 143 (TCS u/s 394), and Forms 26QB/QC/QD/QE are unified into Form 141.

Is Section 206AB and Section 206CCA (higher TDS for non-filers) applicable under Act 2025?

No. Higher TDS/TCS for non-filers under Section 206AB and 206CCA has been completely abolished under the Income-tax Act, 2025. Deductors must not apply double rates for non-filers from 01-04-2026.

Effective: 01-04-2026Tax Year: 2026-27Codes 1001 – 1092

TDS / TCS Transition Chart

Income-tax Act, 1961 → Income-tax Act, 2025

Effective 01-04-2026 (Tax Year 2026-27), old TDS/TCS section numbers are replaced by consolidated Sections 392, 393, and 394 with 4-digit numeric payment codes (1001 – 1092) and new return forms 138, 140, 141, 143, and 144.

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🔍 Master TDS / TCS Section & Code Search (1001 – 1092)

Search any old section (e.g. 194J, 194C, 194-IA, 206C), new section (392, 393, 394), or payment code to get instant details.

Showing 92 of 92 codes

New Section	Nature of Payment	Rate	Old Section	Form
392	Salary — Government employees (other than Union Govt.)	Slab	192	Form 138
392	Salary — Employees other than Government employees	Slab	192	Form 138
392	Salary — Indian Government employees (Union Govt.)	Slab	192	Form 138
392(7)	EPF Withdrawal — accumulated balance (EPF Scheme 1952). Also used in Form 144 for NR employees.	10%	192A	Form 138
393(1)[Sl.1(i)]	Insurance Commission	5%	194D	Form 140
393(1)[Sl.1(ii)]	Commission or Brokerage (other than insurance)	5%	194H	Form 140
393(1)[Sl.2(i)]	Rent paid by Individual / HUF (non-audit) — ₹50,000 p.m. or more (Reportable via Form 141)INFERRED *	2%	194-IB	Form 141
393(1)[Sl.2(ii).D(a)]	Rent of Plant, Machinery or Furniture	2%	194-I(a)	Form 140
393(1)[Sl.2(ii).D(b)]	Rent of Land, Building or Furniture (other than plant/machinery)	10%	194-I(b)	Form 140
393(1)[Sl.3(i)]	Transfer of Immovable Property — buyer deducts on consideration (Reportable via Form 141 Schedule B)INFERRED *	1%	194-IA	Form 141
393(1)[Sl.3(ii)]	Monetary consideration under Joint Development Agreement — Section 67(14)	10%	194-IC	Form 140
393(1)[Sl.3(iii)]	Compensation on compulsory acquisition of immovable property	10%	194LA	Form 140
393(1)[Sl.4(i)]	Income from units of specified Mutual Fund / Administrator / specified company	10%	194K	Form 140
393(1)[Sl.4(ii)]	Income from units of Business Trust — Interest (resident unit holder)	10%	194LBA	Form 140
393(1)[Sl.4(ii)]	Income from units of Business Trust — Dividend (resident unit holder)	10%	194LBA	Form 140

Showing 1–15 of 92 codes

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