Section code to be used in the TDS return While Filing TDS Return many errors could be occurred due to the wrong quoting of section code.
Section code to be used in the TDS return
While Filing TDS Return many errors could be occurred due to the wrong quoting of section code. We are giving a list of Sections which should be quoted in the TDS return but we actually know that section in another way.
Section | Deducted for | Section code to be used in the return |
---|---|---|
192A | Payment of accumulated balance due to an employee made by the trustees of the Recognized Provident Fund (RPF). Applicable for statements pertaining to FY 2015-16 onwards & where the date of payment is on or after 01/06/2015. | 2AA |
193 | Interest on securities | 193 |
194 | Dividend | 194 |
194A | Interest other than interest on securities | 94A |
194B | Winnings from lotteries and crossword puzzles | 94B |
194BB | Winnings from horse race | 4BB |
194C | Payment of contractors and sub-contractors | 94C |
194D | Insurance Commission | 94D |
194DA | Payment in respect of Life Insurance policy | 4DA |
194EE | Payments in respect of deposits under National Savings Schemes | 4EE |
194F | Payments on account of re-purchase of Units by Mutual Funds or UTI | 94F |
194G | Commission, prize etc., on sale of lottery tickets | 94G |
194H | Commission or Brokerage | 94H |
194I (a) | Renting of machinery/plant/equipment | 4IA |
194I (B) | Rent of land or building or furniture or fitting | 4IB |
194IA | TDS on sale of property - Applicable from FY 2013-14 onwards | 9IA |
194IC | Payment under the specified agreement - applicable from FY 2017-18 onwards | 4IC |
194J(a) | Fees for Technical Services(not being professional services), royalty for sale, distribution or exhibition of cinematographic films and call centre (@2%). Applicable from FY 2020-21 onwards | 4JA |
194J(b) | Fee for professional service or royalty etc. ( @10.) Applicable from FY 2020-21 onwards | 4JB |
194K | Income From Mutual Fund Units. Applicable from FY 2020-21 onwards | 94K |
194LA | Payment of Compensation on acquisition of certain immovable property | 94L |
194LBA | TDS on Income from Units of a Business Trust | 4BA |
194LBB | Income in respect of units of investment fund - Is applicable for statements pertaining to FY 2015-16 onwards & where the date of payment is on or after 01/06/2015 | LBB |
194LBC | Income in respect of investment in securitization trust. Applicable for statements pertaining to FY 2016-17 onwards & where the date of payment is on or after 01/06/2016. | LBC |
194N | Payment of certain amounts in cash - Applicable from FY 2019-20 onwards & where the date of payment is on or after 01/09/2019. | 94N |
COMMENTS