Quick Answer
The TDS Rate & Section Finder, authored by CA V. Viswanathan since 2012, is a comprehensive tool designed to help users identify specific Tax Deducted at Source sections and compliance requirements for various payment types, ranging from salaries and professional services to cryptocurrency and winnings from online games or lotteries.
by CA V. Viswanathan
FCA, ACS, CFE, Registered Valuer (S&FA) | Since 2012
According to the provided list, professional services are categorized under Section 194J. The article serves as a directory to find compliance details and rates for various payments, but users should consult the specific tool interface provided in the text for exact numerical rate percentages per category.
To find the TDS section for virtual digital assets or crypto, you can use the TDS Rate & Section Finder tool mentioned in the article. Within the payment type selection list, Section 194S specifically addresses payments related to virtual digital assets and cryptocurrency.
The TDS Rate & Section Finder tool has been available for use since 2012. It was developed by CA V. Viswanathan, who is a Fellow Chartered Accountant, Associate Company Secretary, Certified Fraud Examiner, and a Registered Valuer in Securities or Financial Assets.
Yes, the article identifies that winnings from online games fall under Section 194BA. This section is part of the extensive list of payment types provided in the TDS Rate & Section Finder, which allows users to look up relevant compliance details for various financial transactions.
Yes, the tool covers multiple rent scenarios. It includes specific sections for rent of land, buildings, or furniture under Section 194-I(a), rent for plant or machinery under Section 194-I(b), and rent payments specifically made by individuals or HUFs under Section 194-IB.
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.