Section Mapper › Section 194C
Old Section 194C → New Section 393
TDS on payments (consolidated table under Section 393)
| Old Act (1961) | Section 194C |
|---|---|
| New Act (2025) | Section 393 |
| Applies from | 1 April 2026 (Tax Year 2026-27). Returns for FY 2025-26 (AY 2026-27) still use the old number. |
TDS payment codes for old Section 194C
| Code | New section | What it is for | Rate | Threshold |
|---|---|---|---|---|
| 1023 | 393(1) Sl.6(i).D(a) | Contractor / sub-contractor — individual or HUF | 1% | ₹30,000 per contract or ₹1,00,000 aggregate in the year |
| 1024 | 393(1) Sl.6(i).D(b) | Contractor / sub-contractor — company, firm, LLP, others | 2% | ₹30,000 per contract or ₹1,00,000 aggregate in the year |
Sources
TaxGuru — Income-tax Act 2025 vs 1961: Section Mapping Cheat Sheet, TaxGST.in — Income Tax Act 2025: Old Vs New Sections And Forms, Durgesh Chavda (CA) — Income-tax Act 2025 Section Mapping, Zoho Payroll Academy — New Income Tax Act: Complete Guide
Also check the official CBDT concordance (Form 121) and the e-filing portal's comparison utility at incometax.gov.in.
Frequently asked questions
- What is the new section for 194C?
- Section 393(1) Sl.6(i) of the Income-tax Act, 2025. TDS on payments to contractors and sub-contractors.
- What are the TDS codes for 194C?
- Code 1023 for individuals/HUF (1%) and code 1024 for companies, firms and others (2%). Threshold: ₹30,000 per contract or ₹1,00,000 in aggregate in the year.
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