About Us

Navigate the world of finance and money with ease. Apnokaca.com is your one-stop solution for legal and financial blogs & updates!

An exclusive national news platform based in Delhi that simplifies legal & financial services for all readers.

Follow Us

Contact Information

Patparganj, Delhi (HQ)

305, 3rd Floor, Plot No. 51, Hasanpur, I.P. Extension, 110092

info@myitronline.com

Income tax

TDS Rate Chart FY 2026-27: Section-wise Rates & Compliance Guide

Managing TDS compliance is critical for every business. This blog provides a detailed, jargon-free breakdown of the TDS Rate Chart for Financial Year 2026–27. We cover essential sections including Salary (192), Professional Fees (194J), Contractor Payments (194C), and the newly important Section 194T for payments to partners. Beyond just rates, we explain the practical triggers for TDS, the impact of missing PAN cards, and how to resolve the overlap between TDS (194Q) and TCS (206C).

TDS Rate Chart FY 2026-27

TDS Rate Chart – FY 2026–27

Comprehensive Guide to Tax Deduction at Source

Sec 192 Salary As per Slab Based on estimated total income

Sec 194J Professional / Tech Fees 2% / 10% Threshold: ₹50,000

Sec 194C Contractor Payments 1% / 2% ₹30k (Single) / ₹1L (Aggregate)

Sec 194I Rent (Machinery/Land) 2% / 10% Threshold: ₹50,000 / month

Sec 194H Commission / Brokerage 2% Threshold: ₹20,000

Sec 194Q Purchase of Goods 0.10% Value > ₹50 Lakh

Sec 194T Payment to Partners 10% Remuneration & Interest > ₹20k

Sec 194B/BA/BB Winnings (Lottery/Games) 30% No basic exemption benefit

🚨 Important Practical Points

Timing of Deduction Earlier of Payment or Credit. Mere provision in books triggers TDS liability.

PAN Mandatory (Sec 206AA) Non-availability of PAN leads to deduction at a higher rate (usually 20%).

194Q vs 206C(1H) If 194Q (TDS) applies, then 206C(1H) (TCS) is not applicable. Priority goes to TDS.

Impact of Non-Compliance Interest (1% - 1.5%), 30% Expense Disallowance, and potential penalties.

Last updated: 2 weeks ago

Author

Krishna Gopal Varshney

Founder & CEO - Myitronline Global Services Pvt. Ltd.

Providing expert tax filing and business services across India with over 25 years of experience in financial consulting and compliance management.

Related Articles

How to Legally Buy Property from an NRI in India: A TaxpayerÔÇÖs Guide

How to Legally Buy Property from an NRI in India: A TaxpayerÔÇÖs Guide

Don't Get Penalized: The Essential Guide to TDS on Rent Above 50,000

Don't Get Penalized: The Essential Guide to TDS on Rent Above 50,000

0 Comments

Leave a Comment

Your Name *

Your Email *

Write your comment...