New TDS/TCS Section Codes

Complete reference of new TDS and TCS section codes effective from 1 April 2026 for tax compliance.

Available in🇮🇳 India

New section numbers have been introduced for TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) provisions. These replace the earlier sections under the previous Income Tax Act. Use the table below to look up the new section codes and their corresponding old section codes.

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Razorpay automatically handles these new section codes. You do not need to make any changes to your setup. This page is for your information and reference only.

TDS Section Codes - Section 392 (Salary)

These codes apply to salary-related TDS deductions under Section 392.

Sl. No.	Nature of Payment	Old Section	New Section Code
1	Payment to government employees other than union government employees	192	1001
2	Payment of employees other than government employees	192	1002
3	Payment of accumulated balance due to an employee	192A	1004

TDS Section Codes - Section 393(1) (Non-Salary Payments)

These codes cover TDS on non-salary payments such as commission, rent, interest, contracts, professional fees and more.

Commission and brokerage

These codes apply to TDS on commission and brokerage payments.

Sl. No.	Nature of Payment	Old Section	New Section Code
4	Commission or brokerage - insurance	194D	1005
5	Commission or brokerage - others	194H	1006

Rent

These codes apply to TDS on rental payments to specified persons.

Sl. No.	Nature of Payment	Old Section	New Section Code
6	Rent on machinery - specified person	194I(a)	1008
7	Rent other than machinery - specified person	194I(b)	1009

Immovable property

These codes apply to TDS on payments related to immovable property transactions.

Sl. No.	Nature of Payment	Old Section	New Section Code
8	Payment on any consideration (not in kind) under agreement referred to in section 67(14)	194-IA	1011
9	Payment of compensation on acquisition of certain immovable property	194LA	1012

Mutual fund, business trust and investment income

These codes apply to TDS on income from mutual funds, business trusts and investment funds.

Sl. No.	Nature of Payment	Old Section	New Section Code
10	Income in respect of units of a specified mutual fund or units from administrator of specified undertaking or specified company	194K	1013
11	Interest from units of a business trust to a resident unit holder	194LBA	1014
12	Dividend from units of a business trust to a resident unit holder	194LBA	1015
13	Renting income from units of a business trust (REIT) to a resident unit holder	194LBA	1016
14	Income in respect of units of an investment fund specified in section 224	194LBB	1017
15	Income in respect of an investment in a securitisation trust specified in section 221	194LBC	1018

Interest

These codes apply to TDS on interest payments including securities and other interest income.

Sl. No.	Nature of Payment	Old Section	New Section Code
16	Interest on securities	193	1019
17	Interest other than on securities - senior citizen	194A	1020
18	Interest other than on securities - other than senior citizen	194A	1021
19	Interest other than interest on securities	194A	1022

Contractor payments

These codes apply to TDS on payments made to contractors under a contract.

Sl. No.	Nature of Payment	Old Section	New Section Code
20	Contract payment - contractor is individual or HUF	194C	1023
21	Contract payment - contractor is other than individual or HUF	194C	1024

Professional and technical services

These codes apply to TDS on fees for professional services, technical services and director remuneration.

Sl. No.	Nature of Payment	Old Section	New Section Code
22	Fees for technical services (not professional), royalty for cinematographic films or call centre operations - specified person	194J(a)	1026
23	Fees for professional services or sum referred to in section 26(2)(h) - specified person	194J(b)	1027
24	Remuneration, fees or commission to a director of a company - specified person	194J(b)	1028

Dividends, insurance and other payments

These codes apply to TDS on dividends, insurance payouts, purchase of goods, e-commerce transactions and other specified payments.

Sl. No.	Nature of Payment	Old Section	New Section Code
25	Dividends (including on preference shares) declared	194	1029
26	Sum under a life insurance policy (including bonus)	194DA	1030
27	Sum for purchase of any goods	194Q	1031
28	Payment to specified senior citizen	194P	1032
29	Benefit or perquisite arising from business or profession of any resident	194R	1033
30	Sale of goods or provision of services by e-commerce participant facilitated by e-commerce operator	194-O	1035
31	Consideration for transfer of a virtual digital asset (other than individual or HUF)	194S	1037

TDS Section Codes - Section 393(3) (Special Payments)

These codes apply to TDS on winnings, lottery, horse racing, cash withdrawals and other special categories.

Sl. No.	Nature of Payment	Old Section	New Section Code
32	Winnings from lottery, crossword puzzle, card game, gambling or betting	194B	1058
33	Winnings from online game	194BA	1060
34	Winnings from horse race	194BB	1062
35	Income to person stocking, distributing, purchasing or selling lottery tickets	194G	1063
36	Cash payment by bank/post office/co-operative society - deductee is co-operative society	194N	1064
37	Cash payment by bank/post office/co-operative society - deductee is other than co-operative society	194N	1065
38	Amount referred to in section 80CCA(2)(a) of the Income-tax Act, 1961	194EE	1066
39	Salary, remuneration, commission, bonus or interest to a partner of the firm	194T	1067

TCS Section Codes - Section 394(1) (Tax Collected at Source)

These codes apply to TCS on sale of goods, minerals, luxury items, remittances and more.

Sale of specific goods

These codes apply to TCS on sale of alcoholic liquor, forest produce, scrap and minerals.

Sl. No.	Nature of Payment	Old Section	New Section Code
40	Sale of alcoholic liquor for human consumption	206C(1)	1068
41	Sale of tendu leaves	206C(1)	1069
42	Sale of timber obtained under a forest lease	206C(1)	1070
43	Sale of timber obtained by any mode other than a forest lease	206C(1)	1071
44	Sale of any other forest produce (not timber or tendu leaves) under a forest lease	206C(1)	1072
45	Sale of scrap	206C(1)	1073
46	Sale of minerals, being coal or lignite or iron ore	206C(1)	1074

Luxury and high-value goods (sale consideration exceeding ₹10,00,000)

These codes apply to TCS on sale of luxury and high-value goods where the sale consideration exceeds ₹10,00,000.

Sl. No.	Nature of Payment	Old Section	New Section Code
47	Motor vehicle	206C(1F)	1075
48	Wrist watch	NA	1076
49	Art piece (antiques, painting, sculpture)	NA	1077
50	Collectibles (coin, stamp)	NA	1078
51	Yacht, rowing boat, canoe, helicopter	NA	1079
52	Pair of sunglasses	NA	1080
53	Bag (handbag, purse)	NA	1081
54	Pair of shoes	NA	1082
55	Sportswear and equipment (golf kit, ski-wear)	NA	1083
56	Home theatre system	NA	1084
57	Horse for racing or polo	NA	1085

Remittances under Liberalised Remittance Scheme (LRS)

These codes apply to TCS on remittances made under the Liberalised Remittance Scheme.

Sl. No.	Nature of Payment	Old Section	New Section Code
58	Remittance exceeding ₹10,00,000 for education or medical treatment	206C(1G)	1086
59	Remittance exceeding ₹10,00,000 for purposes other than education or medical treatment	206C(1G)	1087

Overseas tour packages

These codes apply to TCS on sale of overseas tour programme packages.

Sl. No.	Nature of Payment	Old Section	New Section Code
60	Overseas tour programme package - amount up to ₹10,00,000	206C(1G)	1088
61	Overseas tour programme package - amount above ₹10,00,000	206C(1G)	1089

Mining and quarrying

These codes apply to TCS on use of parking lots, toll plazas, mines and quarries for business purposes.

Sl. No.	Nature of Payment	Old Section	New Section Code
62	Use of parking lot for business (excluding mineral oil mining)	206C(1C)	1090
63	Use of toll plaza for business (excluding mineral oil mining)	206C(1C)	1091
64	Use of mine or quarry for business (excluding mineral oil mining)	206C(1C)	1092

Watch Out!

Not all section codes listed on this page may be supported on Razorpay. The tables are provided as a comprehensive reference. For the section codes applicable to your product, refer to the relevant product documentation or contact support.

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