Section Mapper › Section 194I
Old Section 194I → New Section 393
TDS on payments (consolidated table under Section 393)
| Old Act (1961) | Section 194I |
|---|---|
| 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 194I
| Code | New section | What it is for | Rate | Threshold |
|---|---|---|---|---|
| 1008 | 393(1) Sl.2(ii).D(a) | Rent — plant, machinery & equipment | 2% | ₹50,000 per month |
| 1009 | 393(1) Sl.2(ii).D(b) | Rent — land, building, furniture & fittings | 10% | ₹50,000 per month |
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 194I?
- Section 393(1) Sl.2(ii) of the Income-tax Act, 2025.
- What are the TDS codes for 194I?
- Code 1008 for rent on plant, machinery and equipment (2%) and code 1009 for rent on land, building, furniture and fittings (10%). Threshold: ₹50,000 per month for both.
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