Statutory TDS & TCS Withholding Matrix
Comprehensive reference schedule cross-mapping 21 resident TDS categories under Section 393(1) and TCS collection items under Section 394(1) of the Income-tax Act, 2025 against legacy 1961 Act provisions (Sections 192 to 194Q, 206C). Includes PAN-only compliance pathways, statutory thresholds, and quarterly return forms.
SEC 393 / SEC 394•FY 2026-27 Active
All Tax RatesCategory:
Resident TDS Statutory Rates — Section 393(1) Table (Legacy Section 194 Series)
Standardized 21 resident withholding codes with statutory threshold limits & compliance return forms.
| Statutory Citation | Nature of Payment | TDS Rate | Exemption Threshold | Compliance / Form | Payee Type |
|---|---|---|---|---|---|
Section 392(1) Prev: Section 192 Salary & EPF | Salaries / Remuneration to Employees Deducted monthly based on estimated annual income and opted tax regime. | Average rate of Income Tax | Basic Exemption Limit | Challan 281 / Form 24Q | Individual / HUF |
Section 392(2) Prev: Section 192A Salary & EPF | Payment of accumulated balance due to an employee from EPF Applies on premature withdrawal before 5 years of continuous service. | 10% | ₹50,000 | Challan 281 / Form 26Q | Individual / HUF |
Section 393(1) Sl. No. 1 Prev: Section 193 Interest & Dividend | Interest on Securities (Debentures, Bonds, Government Securities) Threshold is ₹10,000 for widely held debentures. | 10% | ₹10,000 | Challan 281 / Form 26Q | All |
Section 393(1) Sl. No. 2 Prev: Section 194 Interest & Dividend | Dividends paid by domestic companies No TDS if total dividend paid to an individual shareholder by mode other than cash ≤ ₹5,000. | 10% | ₹5,000/year | Challan 281 / Form 26Q | Individual / HUF |
Section 393(1) Sl. No. 3 Prev: Section 194A Interest & Dividend | Interest other than Interest on Securities (Bank Fixed Deposits, Recurring Deposits, Loans) Senior citizen threshold enhanced to ₹50,000 for banking and co-operative banks. | 10% | ₹40,000/year (₹50,000 for Senior Citizens; ₹5,000 for non-banking entities) | Challan 281 / Form 26Q | All |
Section 393(1) Sl. No. 4 Prev: Section 194B Other Payments | Winnings from Lottery, Crossword Puzzle, Card Games, or other games Flat 30% TDS without basic exemption. | 30% | ₹10,000 | Challan 281 / Form 26Q | All |
Section 393(1) Sl. No. 5 Prev: Section 194BA Other Payments | Winnings from Online Games (User wallet net winnings) Deducted on net winnings upon withdrawal or at the end of the tax year. | 30% | No Threshold (Applicable on all net winnings) | Challan 281 / Form 26Q | All |
Section 393(1) Sl. No. 6 Prev: Section 194BB Other Payments | Winnings from Horse Races | 30% | ₹10,000 | Challan 281 / Form 26Q | All |
Section 393(1) Sl. No. 7(a) Prev: Section 194C Contractor & Brokerage | Payments to Contractors / Sub-contractors / Advertisers / Transporters (Individual/HUF payee) Exemption for transporters owning ≤ 10 goods carriages upon PAN declaration. | 1% | ₹30,000 (Single bill) / ₹1,00,000 (Annual aggregate) | Challan 281 / Form 26Q | Individual / HUF |
Section 393(1) Sl. No. 7(b) Prev: Section 194C Contractor & Brokerage | Payments to Contractors / Sub-contractors (Company / Firm / LLP / AOP / BOI) | 2% | ₹30,000 (Single bill) / ₹1,00,000 (Annual aggregate) | Challan 281 / Form 26Q | Others |
Section 393(1) Sl. No. 8 Prev: Section 194D Contractor & Brokerage | Insurance Commission | 5% (10% for corporate entities) | ₹15,000/year | Challan 281 / Form 26Q | Individual / HUF |
Section 393(1) Sl. No. 9 Prev: Section 194DA Other Payments | Payment in respect of Life Insurance Policy (Maturity proceeds not exempt under Section 10(10D)) | 5% of net income component | ₹1,00,000/year | Challan 281 / Form 26Q | Individual / HUF |
Section 393(1) Sl. No. 10 Prev: Section 194EE Other Payments | Payments in respect of deposits under National Savings Scheme | 10% | ₹2,500/year | Challan 281 / Form 26Q | Individual / HUF |
Section 393(1) Sl. No. 11 Prev: Section 194G Contractor & Brokerage | Commission on sale of lottery tickets | 2% | ₹15,000/year | Challan 281 / Form 26Q | All |
Section 393(1) Sl. No. 12 Prev: Section 194H Contractor & Brokerage | Commission or Brokerage (Other than Insurance Commission) Threshold is ₹20,000 per financial year. | 2% | ₹20,000/year | Challan 281 / Form 26Q | All |
Section 393(1) Sl. No. 13 Prev: Section 194-I(a) Rent & Immovable Property | Rent for use of Plant, Machinery, or Equipment Aggregated threshold of ₹6,00,000 per financial year. | 2% | ₹6,00,000/year | Challan 281 / Form 26Q | All |
Section 393(1) Sl. No. 14 Prev: Section 194-I(b) Rent & Immovable Property | Rent for use of Land, Building, or Furniture/Fittings Aggregated threshold of ₹6,00,000 per financial year. | 10% | ₹6,00,000/year | Challan 281 / Form 26Q | All |
Section 393(1) Sl. No. 15 Prev: Section 194-IA Rent & Immovable Property | Payment on transfer of certain immovable property other than agricultural land TAN is not required; buyer deducts & deposits using PAN via Form 26QB. | 1% of consideration or stamp duty value (whichever is higher) | ₹50,00,000 | Form 26QB (PAN-only) | All |
Section 393(1) Sl. No. 16 Prev: Section 194-IB Rent & Immovable Property | Payment of Rent by certain individuals or HUFs not liable to tax audit TAN not required. Deducted in the last month of tenancy/tax year using Form 26QC. | 2% | ₹50,000/month (or part of month) | Form 26QC (PAN-only) | Individual / HUF |
Section 393(1) Sl. No. 17 Prev: Section 194-IC Rent & Immovable Property | Payment under Joint Development Agreement (Monetary consideration) | 10% | No Threshold | Challan 281 / Form 26Q | Individual / HUF |
Section 393(1) Sl. No. 18 Prev: Section 194J(a) Professional & Technical | Fees for Technical Services (FTS), Royalty, or Operation of Call Center Threshold ₹50,000 per financial year. | 2% | ₹50,000/year | Challan 281 / Form 26Q | All |
Section 393(1) Sl. No. 19 Prev: Section 194J(b) Professional & Technical | Fees for Professional Services or Director Remuneration / Non-compete fees Standard 10% rate for professional consultancy and CA/legal/medical fees. | 10% | ₹50,000/year (Nil threshold for Director Sitting Fees) | Challan 281 / Form 26Q | All |
Section 393(1) Sl. No. 20 Prev: Section 194M Contractor & Brokerage | Payment of certain sums by Individuals/HUFs not liable to audit for contract/commission/professional fees TAN not required. Challan-cum-statement Form 26QD filed using PAN. | 2% | ₹50,00,000/year | Form 26QD (PAN-only) | Individual / HUF |
Section 393(1) Sl. No. 21 Prev: Section 194Q E-commerce & Goods | Payment for purchase of goods (where buyer turnover > ₹10 Crore in preceding year) Applicable on sum exceeding ₹50,00,000 aggregate purchase from a seller in the tax year. | 0.1% (5% if no PAN provided) | ₹50,00,000/year | Challan 281 / Form 26Q | All |
Section 392(1)
TAN Req.Individual / HUF
Salaries / Remuneration to Employees
TDS RateAverage rate of Income Tax
ThresholdBasic Exemption Limit
Deducted monthly based on estimated annual income and opted tax regime.
Legacy 1961 Act: Section 192 · Challan 281 / Form 24Q
Section 392(2)
TAN Req.Individual / HUF
Payment of accumulated balance due to an employee from EPF
TDS Rate10%
Threshold₹50,000
Applies on premature withdrawal before 5 years of continuous service.
Legacy 1961 Act: Section 192A · Challan 281 / Form 26Q
Section 393(1) Sl. No. 1
TAN Req.All
Interest on Securities (Debentures, Bonds, Government Securities)
TDS Rate10%
Threshold₹10,000
Threshold is ₹10,000 for widely held debentures.
Legacy 1961 Act: Section 193 · Challan 281 / Form 26Q
Section 393(1) Sl. No. 2
TAN Req.Individual / HUF
Dividends paid by domestic companies
TDS Rate10%
Threshold₹5,000/year
No TDS if total dividend paid to an individual shareholder by mode other than cash ≤ ₹5,000.
Legacy 1961 Act: Section 194 · Challan 281 / Form 26Q
Section 393(1) Sl. No. 3
TAN Req.All
Interest other than Interest on Securities (Bank Fixed Deposits, Recurring Deposits, Loans)
TDS Rate10%
Threshold₹40,000/year (₹50,000 for Senior Citizens; ₹5,000 for non-banking entities)
Senior citizen threshold enhanced to ₹50,000 for banking and co-operative banks.
Legacy 1961 Act: Section 194A · Challan 281 / Form 26Q
Section 393(1) Sl. No. 4
TAN Req.All
Winnings from Lottery, Crossword Puzzle, Card Games, or other games
TDS Rate30%
Threshold₹10,000
Flat 30% TDS without basic exemption.
Legacy 1961 Act: Section 194B · Challan 281 / Form 26Q
Section 393(1) Sl. No. 5
TAN Req.All
Winnings from Online Games (User wallet net winnings)
TDS Rate30%
ThresholdNo Threshold (Applicable on all net winnings)
Deducted on net winnings upon withdrawal or at the end of the tax year.
Legacy 1961 Act: Section 194BA · Challan 281 / Form 26Q
Section 393(1) Sl. No. 6
TAN Req.All
Winnings from Horse Races
TDS Rate30%
Threshold₹10,000
Legacy 1961 Act: Section 194BB · Challan 281 / Form 26Q
Section 393(1) Sl. No. 7(a)
TAN Req.Individual / HUF
Payments to Contractors / Sub-contractors / Advertisers / Transporters (Individual/HUF payee)
TDS Rate1%
Threshold₹30,000 (Single bill) / ₹1,00,000 (Annual aggregate)
Exemption for transporters owning ≤ 10 goods carriages upon PAN declaration.
Legacy 1961 Act: Section 194C · Challan 281 / Form 26Q
Section 393(1) Sl. No. 7(b)
TAN Req.Others
Payments to Contractors / Sub-contractors (Company / Firm / LLP / AOP / BOI)
TDS Rate2%
Threshold₹30,000 (Single bill) / ₹1,00,000 (Annual aggregate)
Legacy 1961 Act: Section 194C · Challan 281 / Form 26Q
Section 393(1) Sl. No. 8
TAN Req.Individual / HUF
Insurance Commission
TDS Rate5% (10% for corporate entities)
Threshold₹15,000/year
Legacy 1961 Act: Section 194D · Challan 281 / Form 26Q
Section 393(1) Sl. No. 9
TAN Req.Individual / HUF
Payment in respect of Life Insurance Policy (Maturity proceeds not exempt under Section 10(10D))
TDS Rate5% of net income component
Threshold₹1,00,000/year
Legacy 1961 Act: Section 194DA · Challan 281 / Form 26Q
Section 393(1) Sl. No. 10
TAN Req.Individual / HUF
Payments in respect of deposits under National Savings Scheme
TDS Rate10%
Threshold₹2,500/year
Legacy 1961 Act: Section 194EE · Challan 281 / Form 26Q
Section 393(1) Sl. No. 11
TAN Req.All
Commission on sale of lottery tickets
TDS Rate2%
Threshold₹15,000/year
Legacy 1961 Act: Section 194G · Challan 281 / Form 26Q
Section 393(1) Sl. No. 12
TAN Req.All
Commission or Brokerage (Other than Insurance Commission)
TDS Rate2%
Threshold₹20,000/year
Threshold is ₹20,000 per financial year.
Legacy 1961 Act: Section 194H · Challan 281 / Form 26Q
Section 393(1) Sl. No. 13
TAN Req.All
Rent for use of Plant, Machinery, or Equipment
TDS Rate2%
Threshold₹6,00,000/year
Aggregated threshold of ₹6,00,000 per financial year.
Legacy 1961 Act: Section 194-I(a) · Challan 281 / Form 26Q
Section 393(1) Sl. No. 14
TAN Req.All
Rent for use of Land, Building, or Furniture/Fittings
TDS Rate10%
Threshold₹6,00,000/year
Aggregated threshold of ₹6,00,000 per financial year.
Legacy 1961 Act: Section 194-I(b) · Challan 281 / Form 26Q
Section 393(1) Sl. No. 15
PAN Only (Form 26QB (PAN-only))All
Payment on transfer of certain immovable property other than agricultural land
TDS Rate1% of consideration or stamp duty value (whichever is higher)
Threshold₹50,00,000
TAN is not required; buyer deducts & deposits using PAN via Form 26QB.
Legacy 1961 Act: Section 194-IA · Form 26QB (PAN-only)
Section 393(1) Sl. No. 16
PAN Only (Form 26QC (PAN-only))Individual / HUF
Payment of Rent by certain individuals or HUFs not liable to tax audit
TDS Rate2%
Threshold₹50,000/month (or part of month)
TAN not required. Deducted in the last month of tenancy/tax year using Form 26QC.
Legacy 1961 Act: Section 194-IB · Form 26QC (PAN-only)
Section 393(1) Sl. No. 17
TAN Req.Individual / HUF
Payment under Joint Development Agreement (Monetary consideration)
TDS Rate10%
ThresholdNo Threshold
Legacy 1961 Act: Section 194-IC · Challan 281 / Form 26Q
Section 393(1) Sl. No. 18
TAN Req.All
Fees for Technical Services (FTS), Royalty, or Operation of Call Center
TDS Rate2%
Threshold₹50,000/year
Threshold ₹50,000 per financial year.
Legacy 1961 Act: Section 194J(a) · Challan 281 / Form 26Q
Section 393(1) Sl. No. 19
TAN Req.All
Fees for Professional Services or Director Remuneration / Non-compete fees
TDS Rate10%
Threshold₹50,000/year (Nil threshold for Director Sitting Fees)
Standard 10% rate for professional consultancy and CA/legal/medical fees.
Legacy 1961 Act: Section 194J(b) · Challan 281 / Form 26Q
Section 393(1) Sl. No. 20
PAN Only (Form 26QD (PAN-only))Individual / HUF
Payment of certain sums by Individuals/HUFs not liable to audit for contract/commission/professional fees
TDS Rate2%
Threshold₹50,00,000/year
TAN not required. Challan-cum-statement Form 26QD filed using PAN.
Legacy 1961 Act: Section 194M · Form 26QD (PAN-only)
Section 393(1) Sl. No. 21
TAN Req.All
Payment for purchase of goods (where buyer turnover > ₹10 Crore in preceding year)
TDS Rate0.1% (5% if no PAN provided)
Threshold₹50,00,000/year
Applicable on sum exceeding ₹50,00,000 aggregate purchase from a seller in the tax year.
Legacy 1961 Act: Section 194Q · Challan 281 / Form 26Q
Live Withholding & Deduction Estimator
Valid PAN Furnished?Section 206AA penalty rate (20%) if No PAN
Statutory Computation Output
Fees for Professional Services or Director Remuneration / Non-compete fees
Section 393(1) Sl. No. 19 (Section 194J(b))
Gross Invoice / Value:₹1,00,000
Effective Rate Applied:10.0%
TDS to Deduct:₹10,000
Net Payable to Payee / Vendor:₹90,000
Compliance Form: Challan 281 / Form 26QThreshold: ₹50,000/year
Statutory Filing Deadlines
Monthly TDS/TCS Deposit (Challan 281)
7th of every succeeding month (e.g., April deduction due by 7th May). March deduction due by 30th April.
Quarterly Return Deadlines (24Q / 26Q / 27EQ)
- Q1 (Apr–Jun): 31st July
- Q2 (Jul–Sep): 31st October
- Q3 (Oct–Dec): 31st January
- Q4 (Jan–Mar): 31st May
Statutory Penalties (Section 201 & 234E)
1% per month for failure to deduct; 1.5% per month for delay in deposit. ₹200 per day late fee under Section 234E.
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