by CA V. Viswanathan
FCA, ACS, CFE, Registered Valuer (S&FA) | Since 2012
TDS (Tax Deducted at Source) under Chapter XVII-B of the Income Tax Act applies on a prescribed list of payments — salary (192), interest (194A), rent (194-I), professional fees (194J), commission (194H), contractor payments (194C), property sale (194-IA), payments to non-residents (195), and many others. Each section has specific applicability, threshold, rate, and PAN/Aadhaar-linkage rules.
Recent changes: Section 194T (TDS on payments by partnership firms to partners — effective FY 2025-26); Section 194S (TDS on virtual digital assets); Section 194R (TDS on benefits / perquisites). Higher TDS rate applies to non-PAN deductees under Section 206AA — typically 20% or the standard rate, whichever is higher.
This tool provides indicative output based on declared inputs. For complete advisory or compliance execution including any required regulatory filings, certifications, or representation, consult CA V. Viswanathan — FCA, ACS, CFE, IBBI Registered Valuer (IBBI/RV/03/2019/12333) — at +91 99622 60333. Free 30-minute consultation, with detailed scope and fixed-fee quote within 24 hours.