- Login: Go to the official Income Tax portal and login using your Tax Deduction and Collection Account Number (TAN)
- Access e-Pay Tax: Navigate to the ‘e-File’ dropdown menu and select the ‘e-Pay Tax’ option.
- Create New Payment: Click on the ‘New Payment’ button.
- Select Act: Choose ‘Income Tax Act 2025’ for all tax transactions executed on or after April 1, 2026.
- Select Type: Click on ‘Proceed’ located directly under the ‘TDS/TCS’ module tile.
- Enter Details:
Tax Year: Select 2026-27 from the options
Tax Applicable (Major Head): Choose the appropriate deductee classification type (e.g., Company or Non-Company)
Residential Status: Select the residential status of the Deductee (e.g., Resident deductee or Non-resident Deductee)
Nature/Section: Select the specific TDS/TCS section code based on the new numeric structure
- Note:Under the old Income Tax Act 1961, sections utilized alphanumeric codes (e.g., 94C, 94J) The Income Tax Act 2025 has transitioned entirely to a numeric code-based system ranging from 1001 to 1099
Challan Consolidation:
- Previously, under the 1961 Act, it was mandatory to process separate TDS challans for different sections (Section 192 for salaries, 194C for contractors, etc.)
- Under the new Income Tax Act 2025, the workflow allows all TDS categories to be paid via a single, consolidated challan During the initial transition, you retain the flexibility to process salary TDS via one challan while grouping all non-salary TDS categories into a second, separate challan
TDS / TCS Payment Codes Reference Chart
Income Tax Act 2025 | Codes 1001–1092 | Effective April 1, 2026
Source: Draft Forms 138, 140, 143, 144
A — SALARY PAYMENTS | Section 392 | Form 138
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1001 | 392 | Salary — Government employees (other than Union Govt.) | 192 | Slab Rate | 138 |
| 1002 | 392 | Salary — Employees other than Government employees | 192 | Slab Rate | 138 |
| 1003 | 392 | Salary — Indian Government employees (Union Govt.) | 192 | Slab Rate | 138 |
| 1004 | 392(7) | EPF Withdrawal — accumulated balance due to employee | 192A | 10% | 140/144 |
B — PAYMENTS TO RESIDENTS | Section 393(1) | Form 140
Commission & Brokerage (Sl. No. 1)
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1005 | 393(1)(Sl.1(i)) | Insurance Commission | 194D | 2% | 140 |
| 1006 | 393(1)(Sl.1(ii)) | Commission or Brokerage (other than insurance) | 194H | 2% | 140 |
Rent (Sl. No. 2)
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1007 | 393(1)(Sl.2(i)) | Rent — Individual/HUF (non-audit), ₹50,000/month or more | 194IB | 2% | 141 |
| 1008 | 393(1)(Sl.2(ii).D(a)) | Rent of Plant, Machinery, | 194I(a) | 2% | 140 |
| 1009 | 393(1)(Sl.2(ii).D(b)) | Rent of Land, Building, or Furniture (other than plant/machinery) | 194I(b) | 10% | 140 |
Immovable Property (Sl. No. 3)
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1010 | 393(1)(Sl.3(i)) | Transfer of Immovable Property — buyer deducts TDS on consideration | 194IA | 1% | 141 |
| 1011 | 393(1)(Sl.3(ii)) | Monetary consideration under Joint Development Agreement (Sec 67(14)) | 194IC | 10% | 140 |
| 1012 | 393(1)(Sl.3(iii)) | Compensation on compulsory acquisition of immovable property | 194LA | 10% | 140 |
Investment Income — Mutual Funds, Business Trusts, AIFs (Sl. No. 4)
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1013 | 393(1)(Sl.4(i)) | Income from units of specified Mutual Fund / specified company | 194K | 10% | 140 |
| 1014 | 393(1)(Sl.4(ii)) | Income from units of Business Trust — Interest (to resident unit holder) | 194LBA | 10% | 140 |
| 1015 | 393(1)(Sl.4(ii)) | Income from units of Business Trust — Dividend (to resident unit holder) | 194LBA | 10% | 140 |
| 1016 | 393(1)(Sl.4(ii)) | Income from units of Business Trust — Rent (REIT, to resident unit holder) | 194LBA | 10% | 140 |
| 1017 | 393(1)(Sl.4(iii)) | Income from AIF (Category I or II, Section 224) to resident — non-exempt portion | 194LBB | 10% | 140 |
| 1018 | 393(1)(Sl.4(iv)) | Income from Securitisation Trust (Section 221) to resident investors | 194LBC | 25% | 140 |
Interest (Sl. No. 5)
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1019 | 393(1)(Sl.5(i)) | Interest on Securities | 193 | 10% | 140 |
| 1020 | 393(1)(Sl.5(ii).D(a)) | Interest from Bank/Post Office deposits — payee is a Senior Citizen | 194A | 10% | 140 |
| 1021 | 393(1)(Sl.5(ii).D(b)) | Interest from Bank/Post Office deposits — payee is not a Senior Citizen | 194A | 10% | 140 |
| 1022 | 393(1)(Sl.5(iii)) | Interest by other specified payers — non-bank interest | 194A | 10% | 140 |
Contracts & Professional Fees (Sl. No. 6)
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1023 | 393(1)(Sl.6(i).D(a)) | Contract Payment — contractor is an Individual or HUF | 194C | 1% | 140 |
| 1024 | 393(1)(Sl.6(i).D(b)) | Contract Payment — contractor is a person other than Individual or HUF | 194C | 2% | 140 |
| 1025 | 393(1)(Sl.6(ii)) | Payment by Individual/HUF (non-audit) to Contractor or Professional | 194M | 2% | 141 |
| 1026 | 393(1)(Sl.6(iii).D(a)) | Fees for Technical Services (non-professional); Call Centre operations | 194J | 2% | 140 |
| 1027 | 393(1)(Sl.6(iii).D(b)) | Fees for Professional Services; sum referred to in Section 26(2)(h) | 194J | 10% | 140 |
| 1028 | 393(1)(Sl.6(iii).D(b)) | Remuneration, fees, or commission paid to a Director (excluding salary) | 194J | 10% | 140 |
Dividends (Sl. No. 7)
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1029 | 393(1)(Sl.7) | Dividends declared by a domestic company | 194 | 10% | 140 |
Miscellaneous Payments (Sl. No. 8)
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1030 | 393(1)(Sl.8(i)) | Life Insurance Policy sum (taxable portion), including bonus | 194DA | 2% | 140 |
| 1031 | 393(1)(Sl.8(ii)) | Purchase of Goods (by specified buyer, turnover >₹10 cr) | 194Q | 0.1% | 140 |
| 1032 | 393(1)(Sl.8(iii)) | Payment to Specified Senior Citizen (Bank files return) | 194P | Slab Rate | 138 |
| 1033 | 393(1)(Sl.8(iv)) | Business/Profession Perquisite or Benefit arising from business — in cash | 194R | 10% | 140 |
| 1034 | 393(1)(Sl.8(iv) Note) | Business/Profession Perquisite or Benefit — in kind or mixed | 194R | 10% | 140 |
| 1035 | 393(1)(Sl.8(v)) | Sales by e-commerce participant through platform operator | 194O | .1% | 140 |
| 1036 | 393(1)(Sl.8(vi)) | VDA Transfer — by Individual or HUF (non-audit) | 194S | 1% | 141/142 |
| 1037 | 393(1)(Sl.8(vi)) | VDA Transfer — by persons other than Individual or HUF (cash) | 194S | 1% | 140 |
| 1038 | 393(1)(Sl.8(vi) Note) | VDA Transfer — consideration in cash, kind, or mixed | 194S | 1% | 140 |
C — PAYMENTS TO NON-RESIDENTS | Section 393(2) | Form 144
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1039 | 393(2)(Sl.1) | Income of non-resident sportsman/entertainer (Non-citizen) | 195 | 20% | 144 |
| 1040 | 393(2)(Sl.2) | Interest on foreign currency borrowing (Loans/bonds 2012 to 2023) | 194LC | 5% | 144 |
| 1041 | 393(2)(Sl.3) | Interest on Rupee Denominated Bond issued before 1 Jul 2023 | 194LC | 5% | 144 |
| 1042 | 393(2)(Sl.4.E(a)) | Interest on LT/Rupee bond listed only on IFSC exchange (2020-2023) | 194LC | 4% | 144 |
| 1043 | 393(2)(Sl.4.E(b)) | Interest on LT/Rupee bond listed only on IFSC exchange (On/after 1 Jul 2023) | 194LC | 9% | 144 |
| 1044 | 393(2)(Sl.5) | Interest paid by infrastructure debt fund to a foreign company | 194LB | 5% | 144 |
| 1045 | 393(2)(Sl.6.E(a)) | Business Trust distributed income — nature per Schedule V (Sl.3.B(a)) | 194LBA | 5% | 144 |
| 1046 | 393(2)(Sl.6.E(b)) | Business Trust distributed income — nature per Schedule V (Sl.3.B(b)) | 194LBA | 10% | 144 |
| 1047 | 393(2)(Sl.7) | Business Trust distributed income — nature per Schedule V (Sl. 4) | 194LBA | 10% | 144 |
| 1048 | 393(2)(Sl.8) | AIF (Section 224) income to non-resident — non-exempt portion | 194LBB | 10% | 144 |
| 1049 | 393(2)(Sl.9) | Securitisation Trust (Section 221) income to non-resident investor | 194LBC | 30% | 144 |
| 1050 | 393(2)(Sl.10) | Income from units of specified Mutual Fund to non-resident | 196A | 10% | 144 |
| 1051 | 393(2)(Sl.11) | Income in respect of units of Offshore Fund (Section 208) | 196B | 10% | 144 |
| 1052 | 393(2)(Sl.12) | LTCG on transfer of Offshore Fund units (Section 208) | 196B | 12.5% | 144 |
| 1053 | 393(2)(Sl.13) | Interest or Dividends on bonds or GDRs (Section 209) — non-resident | 196C | 10% | 144 |
| 1054 | 393(2)(Sl.14) | LTCG on transfer of bonds or Global Depository Receipts (Section 209) | 196C | 12.5% | 144 |
| 1055 | 393(2)(Sl.15) | Income from securities (Section 210(1)) — Foreign Institutional Investor | 196D | 20% | 144 |
| 1056 | 393(2)(Sl.16) | Income from securities (Section 210(1)) — Specified Fund | 196D | 10% | 144 |
| 1057 | 393(2)(Sl.17) | Any other interest or sum chargeable under Act (excluding salary) | 195 | Act/DTAA | 144 |
D — PAYMENTS TO ANY PERSON | Section 393(3) | Forms 140 & 144
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1058 | 393(3)(Sl.1) | Winnings from lottery, crossword puzzle, gambling, etc. — cash | 194B | 30% | 140/144 |
| 1059 | 393(3)(Sl.1 Note) | Winnings from lottery, gambling, etc. — in kind payment | 194B | 30% | 140/144 |
| 1060 | 393(3)(Sl.2) | Winnings from online games — cash payment | 194BA | 30% | 140/144 |
| 1061 | 393(3)(Sl.2 Note) | Winnings from online games — in kind or mixed payment | 194BA | 30% | 140/144 |
| 1062 | 393(3)(Sl.3) | Winnings from horse race | 194BB | 30% | 140/144 |
| 1063 | 393(3)(Sl.4) | Commission, remuneration, or prize on lottery tickets | 194G | 2% | 140/144 |
| 1064 | 393(3)(Sl.5.D(a)) | Cash withdrawal from bank/PO — deductee is a co-operative society | 194N | 2% | 140/144 |
| 1065 | 393(3)(Sl.5.D(b)) | Cash withdrawal from bank/PO — deductee is other than co-operative | 194N | 2% | 140/144 |
| 1066 | 393(3)(Sl.6) | Payment under Section 80CCA(2)(a) (NSS deposits) | 194EE | 10% | 140/144 |
| 1067 | 393(3)(Sl.7) | Payment to partners of a firm — salary, remuneration, interest, etc. | 194T | 10% | 140/144 |
E — TAX COLLECTED AT SOURCE (TCS) | Section 394 | Form 143
Traditional Goods
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1068 | 394(1)(Sl.1) | Sale of Alcoholic Liquor for human consumption | 206C(1) | 2% | 143 |
| 1069 | 394(1)(Sl.2) | Sale of Tendu Leaves | 206C(1) | 2% | 143 |
| 1070 | 394(1)(Sl.3) | Sale of Timber — obtained under a forest lease | 206C(1) | 2% | 143 |
| 1071 | 394(1)(Sl.3) | Sale of Timber — obtained by any other mode | 206C(1) | 2% | 143 |
| 1072 | 394(1)(Sl.3) | Sale of any other Forest Produce (excluding timber/tendu leaves) | 206C(1) | 2% | 143 |
| 1073 | 394(1)(Sl.4) | Sale of Scrap | 206C(1) | 2% | 143 |
| 1074 | 394(1)(Sl.5) | Sale of Minerals — coal, lignite, or iron ore | 206C(1) | 2% | 143 |
Motor Vehicle & Luxury Goods
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1075 | 394(1)(Sl.6.D(a)) | Sale of Motor Vehicle — consideration exceeding threshold | 206C(1F) | 1% | 143 |
| 1076 | 394(1)(Sl.6.D(b)) | Sale of Wrist Watch — consideration exceeding threshold | — | 1% | 143 |
| 1077 | 394(1)(Sl.6.D(b)) | Sale of Art Piece (antiques, painting, sculpture) | — | 1% | 143 |
| 1078 | 394(1)(Sl.6.D(b)) | Sale of Collectibles (coin, stamp) | — | 1% | 143 |
| 1079 | 394(1)(Sl.6.D(b)) | Sale of Yacht, Rowing Boat, Canoe, or Helicopter | — | 1% | 143 |
| 1080 | 394(1)(Sl.6.D(b)) | Sale of Pair of Sunglasses — consideration exceeding threshold | — | 1% | 143 |
| 1081 | 394(1)(Sl.6.D(b)) | Sale of Bag (handbag, purse) — consideration exceeding threshold | — | 1% | 143 |
| 1082 | 394(1)(Sl.6.D(b)) | Sale of Pair of Shoes — consideration exceeding threshold | — | 1% | 143 |
| 1083 | 394(1)(Sl.6.D(b)) | Sale of Sportswear and Equipment (golf kit, ski-wear) | — | 1% | 143 |
| 1084 | 394(1)(Sl.6.D(b)) | Sale of Home Theatre System — consideration exceeding threshold | — | 1% | 143 |
| 1085 | 394(1)(Sl.6.D(b)) | Sale of Horse for horse racing or polo | — | 1% | 143 |
LRS Remittances
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1086 | 394(1)(Sl.7.D(a)) | LRS Remittance — for education or medical treatment | 206C(1G) | 2% | 143 |
| 1087 | 394(1)(Sl.7.D(b)) | LRS Remittance — for other purposes | 206C(1G) | 20% | 143 |
Overseas Tour Package
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1088 | 394(1)(Sl.8.D(a)) | Sale of Overseas Tour Package — amount up to threshold | 206C(1G) | 2% | 143 |
| 1089 | 394(1)(Sl.8.D(b)) | Sale of Overseas Tour Package — amount above threshold | 206C(1G) | 2% | 143 |
Parking, Toll & Mining
| New Code | New Section (2025) | Nature of Payment / Description | Old Section (1961) | Rate | Form |
| 1090 | 394(1)(Sl.9) | Use of Parking Lot for business purposes | 206C(1) | 2% | 143 |
| 1091 | 394(1)(Sl.9) | Use of Toll Plaza for business purposes | 206C(1) | 2% | 143 |
| 1092 | 394(1)(Sl.9) | Use of Mine or Quarry for business purposes | 206C(1) | 2% | 143 |
