Tax Year 2026-27  ·  Effective 1 April 2026

TDS Section Mapper

Income Tax Act, 1961  →  Income Tax Act, 2025

Nature Codes · New Section References · Challan Classification

Find New TDS Code

Try: 194C · 194J · 194I · 194A · 194H · 192 · 194Q · 194R · 194S · 194T · 195 · 196A

📄 Lower Deduction / NIL Deduction Certificate

Under IT Act 2025, the lower/nil deduction certificate framework is retained under Section 397 (corresponding to old Section 197). Key operational points:

  • Applications continue via TRACES portal (Form 13 equivalent under new rules).
  • Certificate issued will reference the new Section 393/392 serial numbers, not old section numbers.
  • Deductor must quote the new nature code along with LDC certificate number in the TDS return.
  • Certificates issued under old Section 197 for FY 2025-26 remain valid for payments up to 31 March 2026 only.
  • For TY 2026-27 (from 1 April 2026), fresh applications must be filed referencing new section framework.
  • 206AB interaction: Section 206AB higher rate applicability continues under IT Act 2025. Deductors must verify PAN-linkage and ITR filing status of deductee before applying standard rates.
  • TRACES utility will flag non-filer surcharge automatically where applicable.
⚠ CBDT has not yet issued a comprehensive circular on LDC transition procedures for TY 2026-27. Monitor CBDT website and TRACES portal for updates. Interim guidance applies.
Complete Reference Table
Old Section ↕ Nature of Payment ↕ Nature Code ↕ New Section ↕ Table Sl. No. ↕ Rate ↕ Threshold ↕
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⚠ Important: CBDT operational utility (RPU / FVU / TRACES) codes may differ from interpretive practitioner references compiled here. Always verify Nature Codes and Section 393(1), 393(2), and 393(3) table serial references against the latest notified schedules and CBDT/TRACES utilities before production TDS return filing.