ITA 2025Converter
Back to Search
ITA 1961 → DTC 2025TDS

Section 194H Section 214

TDS on Commission or Brokerage

RetainedHigh - Affects real estate agents, insurance agents, and distributors.

Quick Answer

Section 194H of the Income Tax Act, 1961 (TDS on Commission or Brokerage) corresponds to Section 214 of the Direct Tax Code 2025 (Income-tax Act, 2025), effective 1st April 2026. Status: Retained.

Old Law (ITA 1961)Ch: XVII-B

Sec 194H

Provision Summary

TDS @ 5% on commission/brokerage exceeding Rs. 15,000.

New Law (DTC 2025)Ch: XIX

Sec 214

Provision Summary

Retained. Rate reduced to 2% in the latest Finance Acts to ease working capital for small agents.

Key Changes & Highlights

  • Statutory rate reduced from 5% to 2%.

Frequently Asked Questions

What does Section 194H of the Income Tax Act 1961 deal with?

Section 194H (TDS on Commission or Brokerage) TDS @ 5% on commission/brokerage exceeding Rs. 15,000.

What is the new section number for Section 194H under the Direct Tax Code 2025?

Section 194H of the ITA 1961 maps to Section 214 of the Direct Tax Code 2025 (Income-tax Act, 2025), effective from 1st April 2026.

What is the status of Section 194H under the new tax code?

Section 194H is marked as "Retained" with status "Modified". Impact: High - Affects real estate agents, insurance agents, and distributors.

What are the key changes to Section 194H under DTC 2025?

Statutory rate reduced from 5% to 2%.

Disclaimer: This page is for educational and reference purposes only. Section mappings are based on publicly available drafts and circulars. Always consult a qualified Chartered Accountant before filing or making compliance decisions under the Direct Tax Code 2025.

Need professional help on Section 194H?

Compare trusted providers — both offer DTC 2025-ready CA services.

*Affiliate links — we may earn a small commission at no extra cost to you. Disclosure.

Want to calculate tax on this section?

40+ free, browser-only tax tools at TaxNexus Pro →

Explore Tools