Here is the FULL TDS section list Old vs New comp chart 26–27

BIG CHANGE TDS section

  • Sections: 192 → 194T, 195 etc. (40+ sections)

👉 New system:

  • Sections: 392 → 393 (main)
  • All TDS provisions merged into one structure

✔️ Meaning:
➡️ Multiple sections ❌
➡️ One structured table system ✔️

FULL TDS SECTION LIST (OLD vs NEW)

Salary & PF

Old Section (1961)New Section (2025)Description
192Sec 392Salary TDS
192ASec 392(7)PF withdrawal

Interest / Dividend

OldNewDescription
193Sec 393 Table 5(i)Interest on securities
194Sec 393 Table 7Dividend
194ASec 393 Table 5(ii)(iii)Bank/Post Office interest

Lottery / Games / Betting

OldNewDescription
194BSec 393(3) Table 1Lottery winnings
194BBSec 393(3) Table 3Horse race

Commission / Insurance

OldNewDescription
194DSec 393 Table 1(i)Insurance commission
194GSec 393(3) Table 4Lottery commission
194HSec 393 Table 1(ii)Brokerage/commission

Contractor / Professional

OldNewDescription
194CSec 393 Table 6(i)(ii)Contractor
194JSec 393 Table 6(ii)(iii)Professional/technical

Rent / Property

OldNewDescription
194ISec 393 Table 2(i)Rent
194IBSec 393 Table 2(ii)Rent (individual/HUF)
194IASec 393 Table 3(i)Property purchase
194LASec 393 Table 3(iii)Land acquisition

Investment / Mutual Fund / Trust

OldNewDescription
194KSec 393 Table 4(i)(ii)Mutual fund income
194LBCSec 393 Table 4(iv)Securitisation trust

💼 Special Payments

OldNewDescription
194MSec 393 Table 6Individual contractor/professional
194NSec 393(3) Table 5Cash withdrawal
194OSec 393 Table 8(v)E-commerce
194PSec 393 Table 8(iii)Senior citizen
194QSec 393 Table 8(ii)Purchase of goods
194RSec 393 Table 8(iv)Benefit/perquisite
194SSec 393 Table 8(vi)Crypto/VDA

NEW IMPORTANT SECTION

OldNewDescription
194TSec 393(3) Table 7Partner payment

Non-Resident

OldNewDescription
195Sec 393(2)Payment to NRI

MASTER COMPARISON TABLE

Nature of Payment OLD SECTION (1961) NEW SECTION (2025)TDS Rate
Salary192392Slab Rate
EPF Withdrawal192A39210%
Interest (Bank/FD)194A39310%
Dividend19439310%
Contractor Payment194C3931% / 2%
Professional Fees194J3932% / 10%
Commission/Brokerage194H3932%
Rent (Land/Building)194I39310%
Rent (Plant/Machinery)194I3932%
Property Purchase194IA3931%
Insurance Commission194D3935%
Lottery Commission194G3932%
Lottery Winnings194B39330%
Horse Race Winnings194BB39330%
Mutual Fund Income194K39310%
NRI Payment195393As per DTAA
E-commerce Payment194O3931%
Partner Payment (NEW)194T39310%

Major TDS (Tax Deducted at Source) changes are effective from April 1, 2026 (FY 2026-27), under the new Income Tax Act, 2025. Over 60+ scattered TDS sections are consolidated into just three main sections—392 (Salary), 393 (Non-Salary), and 394 (TCS)—to simplify compliance, with entirely new forms (130, 131, 138, 140, 142) replacing 24Q and 26Q

  • Massive Section Consolidation: The 1961 Act’s scattered sections (192–194T) are merged. For example, most non-salary payments now fall under a single section 393, replacing 194A, 194J, 194I, etc..
  • New TDS Forms: Form 16 becomes Form 130, Form 16A becomes Form 131, 24Q becomes 138, and 26Q becomes 140.
  • Partner Remuneration: New TDS obligations (likely 10%) arise for partnership firms/LLPs paying salary, bonus, or commission to partners above ₹20,000.
  • Forms 15G/15H Replaced: These declarations are rep
  • laced by Form 121 for claiming nil/lower TDS. 

Millions of Indians who wish to take money out of their EmployeeProvident Fund (EPF) before retirement have followed the same process for decades. To make sure the Employees’ Provident Fund Organization (EPFO) did not deduct Tax Deducted at Source (TDS) from their hard-earned savings, they would simply submit Forms 15G (for those under 60) or 15H

Conclusion There are different compliance requirements for a variety of TDS transactions. The time of TDS deduction, rates, threshold limits may differ across many kinds of transactions. Awareness of the statute and recent amendments helps the payer to fulfill TDS  compliance requirements and avoid adverse consequeces.

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