TDS Provisions under the Income Tax Act, 2025 — A Complete Reference for Tax Year 2026-27
The Income Tax Act, 2025 has consolidated all TDS provisions from the old Sections 192 to 194T into two consolidated sections — Section 392 and Section 393. This is a critical change for deductors, as using old section codes for transactions from April 1, 2026 onwards will result in return filing errors.