Indian TDS Accounting Guide: Sections 194C, 194J, 194H, 194I & Form 26Q

By LedgerMapz Tax & Accounting Engineering Team • Reviewed against official CBIC / FTA / IRS rules • Back to Knowledge Hub

Under the Income Tax Act, 1961, Tax Deducted at Source (TDS) must be deducted at the time of credit to the party ledger or payment, whichever is earlier: Section 194C (1% Individual/HUF, 2% Others), Section 194J (2% technical / 10% professional fees), Section 194H (2% brokerage), and Section 194I (2% plant & machinery / 10% land & building rent). LedgerMapz posts TDS directly into Duties & Taxes ledgers and prepares quarterly Form 26Q schedules.