|
Codes for Income Tax TDS Payment and Returns (Payment to Non-Residents)
|
|
[ Effective from 1st April 2026 ]
|
| IT Act 2025 Section No. |
IT Act 1961 Section No. |
Nature of Payment
(made to Non-Resident) |
New TDS Code
[For payment and Return] |
393(2) Table
Sr.No.1 |
195 |
Income of non-resident sportsman (including athlete) or entertainer (not a citizen of
India), or non-resident sports association/institution |
1039 |
393(2) Table
Sr.No.2 |
194LC |
Interest on foreign currency borrowing (loan agreement or LT infra bond issued between 1 Jul 2012 to 30 Jun 2023) |
1040 |
393(2) Table
Sr.No.3 |
194LC |
Interest on Rupee Denominated Bond borrowed outside India (issued before 1 Jul 2023) |
1041 |
393(2) Table
Sr.No.4 |
194LC |
Interest on LT bond/Rupee Denominated Bond listed only on IFSC stock exchange (issued 1 Apr 2020 to 30 Jun 2023) |
1042 |
| Interest on LT bond/Rupee Denominated Bond listed only on IFSC stock exchange (issued on or after 1 Jul 2023) |
1043 |
393(2) Table
Sr.No.5 |
194LB |
Interest paid by infrastructure debt fund |
1044 |
393(2) Table
Sr.No.6 |
194LBA |
Business Trust distributed income (interest received or receivable from a special purpose vehicle;) |
1045 |
| Business Trust distributed income (dividend received or receivable from a special purpose vehicle) |
1046 |
393(2) Table
Sr.No.7 |
194LBA |
Business Trust distributed income (Any income by way of renting or leasing or letting out any real estate asset owned) |
1047 |
393(2) Table
Sr.No.8 |
194LBB |
Income (non-exempt) in respect of units of an investment fund |
1048 |
393(2) Table
Sr.No.9 |
194LBC |
Interest from a Securitisation Trust |
1049 |
393(2) Table
Sr.No.10 |
196A |
Income from units of specified Mutual Fund or specified company |
1050 |
393(2) Table
Sr.No.11 |
196B |
Income in respect of units of Offshore Fund |
1051 |
393(2) Table
Sr.No.12 |
196B |
Long-Term Capital Gain on transfer of Offshore Fund units |
1052 |
393(2) Table
Sr.No.13 |
196C |
Interest or Dividends on bonds or Global Depository Receipts |
1053 |
393(2) Table
Sr.No.14 |
196C |
Long-Term Capital Gain on transfer of bonds or Global Depository Receipts |
1054 |
393(2) Table
Sr.No.15 |
196D |
Income from securities to Foreign Institutional Investor |
1055 |
393(2) Table
Sr.No.16 |
196D |
Income from securities to Specified Fund |
1056 |
393(2) Table
Sr.No.17 |
195 |
any other sum chargeable under this Act other than salary |
1057 |
393(3) Table
Sr.No.1 |
194B |
Winnings from lottery or crossword puzzle ‐ where consideration is in cash |
1058 |
| Winnings from lottery or crossword puzzle ‐ where consideration is in kind or partly in cash and partly in kind |
1059 |
393(3) Table
Sr.No.2 |
194BA |
Winnings from online games ‐ where consideration is in cash |
1060 |
| Winnings from online games ‐ where consideration is in kind or partly in cash and partly in kind |
1061 |
393(3) Table
Sr.No.3 |
194BB |
Winning from Horse Race |
1062 |
393(3) Table
Sr.No.4 |
194G |
Commission, etc., on the sale of lottery tickets |
1063 |
393(3) Table
Sr.No.5 |
194N |
Payment of certain amounts in cash ‐ where deductee is a cooperative society |
1064 |
| Payment of certain amounts in cash ‐ where deductee is other than a cooperative society |
1065 |
393(3) Table
Sr.No.6 |
194EE |
Payment out of deposits under NSS |
1066 |
393(3) Table
Sr.No.7 |
194T |
Payment to Partners of Firm |
1067 |