New Act — Sections 392/393 (TDS/TCS)
Sections 392 & 393 of Income Tax Act 2025: New TDS/TCS Numbers
All 192–194 TDS sections = New Sec 392 (one section, code-wise table). 194-IA property = 393(1) Table Sl. 7, code 1007. EPF early-withdrawal TDS = 392(7). TCS consolidated in Sec 394.
Old → New TDS map
| Old section | New home | Current rule |
|---|---|---|
| 192 salary | 392 table | Slab TDS by employer |
| 194A interest | 392 table | 10% above ₹50k (₹1L seniors) |
| 194-I rent (companies) | 392 table | 10% above ₹50k/month |
| 194-IB rent (individuals) | 393(1) Table Sl. 2 | 2% above ₹50k/month, 26QC |
| 194-IA property | 393(1) Table Sl. 7, code 1007 | 1% above ₹50L, 26QB |
| 192A EPF early | 392(7) | 10% above ₹50k |
| 206C TCS | Sec 394 | Tour 2%, LRS-others 20% |
Same rates, new addresses — quote the new section on 2026-27 paperwork. Full TDS chart → · All mappings →
Quote-it-right cheat sheet (2026-27 paperwork)
| You are deducting on… | Quote | Form |
|---|---|---|
| Salary (employer) | Sec 392 table (old 192) | 24Q |
| Property purchase > ₹50L | 393(1) Table Sl. 7, code 1007 | 26QB |
| Rent > ₹50k/month (individual) | 393(1) Table Sl. 2 (old 194-IB) | 26QC |
| Early EPF withdrawal | 392(7) (old 192A) | — |
| Foreign remittance TCS | Sec 394 (old 206C) | 27EQ |
Deductor's form map (which statement for which cut)
| You deducted on… | File… | Due (quarterly) |
|---|---|---|
| Salary (employer) | Form 24Q | 31 Jul / 31 Oct / 31 Jan / 31 May |
| Non-salary (rent/prof/interest) | Form 26Q | Same quarters |
| Property purchase 1% | Form 26QB | 30 days from month-end |
| Rent as individual > ₹50k/mo | Form 26QC | 30 days from month-end |
| TCS collected | Form 27EQ | Same quarters |
Late statement? 234E fee: ₹200/day till filed (capped at the TDS amount). We tell every first-time deductor the same thing: depositing TDS late costs interest; filing the statement late costs ₹200/day AND blocks the payee's refund. File the statement first, argue later.
Full deductor duties: TDS compliance guide →
💡 Pro tip: 197 certificate for genuine low-income cases
Senior with big FDs but total income below taxable limit? Instead of suffering 10% TDS + refund wait, apply for a nil/lower TDS certificate u/s 197 — the bank then deducts at YOUR rate (even zero). It needs an application to the Assessing Officer with income proof, valid for the financial year. Combined with 15G/15H, it's the complete TDS-avoidance toolkit for the genuinely non-taxable.
By TaxSetu Editorial Team · Last reviewed: 7 October 2026
Based on the Income-tax Act 2025, Income Tax Rules 2026 and CBDT notifications; sections per the Income-tax Act 1961 (as amended) with 2025-Act mappings where notified · Verify on the official portal: incometax.gov.in
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