September 2025

Section 194-IC of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on monetary payments made under Joint Development Agreements (JDAs) referred to in Section 45(5A). This provision ensures tax compliance on transactions where landowners collaborate with developers for real estate projects. Applicability of Section 194-IC ✅ Covered Transactions: Payments under registered JDAswhere landowners transfer land/building (capital assets) to developers in exchange for: Cash/cheque/draft(monetary

Section 194J of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on payments made for professional or technical services, ensuring tax compliance on such transactions. Below is a structured breakdown of its provisions: 1. Applicability of Section 194J ✅ Covered Payments: Professional Services: Legal, medical, engineering, architectural, accountancy, consultancy, etc. Royalties(e.g., technical know-how, copyrights, patents). Non-compete fees(treated as

Section 194K of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on income distributed to unit holders of mutual funds, UTI, and other specified funds. Below is a structured breakdown of its provisions: 1. Applicability of Section 194K ✅ Covered Payments: Dividend incomefrom mutual funds (equity/debt). Income distributedby Unit Trust of India (UTI). Other specified funds(e.g., REITs, InvITs).

Section 194LA of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on payments made as compensation for the compulsory acquisition of immovable property (excluding agricultural land). Below is a detailed breakdown of its provisions: 1. Applicability of Section 194LA ✅ Covered Transactions: Compensation or enhanced compensationpaid for compulsory acquisition of: Land(non-agricultural). Buildingsor parts of buildings. Applies to payments by: Government

Section 194LB of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on interest payments made to non-residents or foreign companies by Infrastructure Debt Funds (IDFs). Below is a detailed breakdown of its provisions: 1. Applicability of Section 194LB ✅ Covered Payments: Interest paid by an Infrastructure Debt Fund (IDF)registered under SEBI Regulations, 2011. Payments to: Non-resident individuals(not companies). Foreign companies. ❌ Exemptions: Payments

Section 194LBA of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on specific income distributed by business trusts (like REITs and InvITs) to their unit holders. Below is a detailed breakdown of its provisions, rates, and compliance requirements: 1. Applicability of Section 194LBA ✅ Covered Payments: Interest incomefrom Special Purpose Vehicles (SPVs) [Section 10(23FC)(a)]. Dividend income(if taxable in the

Section 194LBB of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on income distributed by Category I & II Alternative Investment Funds (AIFs) to their investors. Below is a structured breakdown of its provisions: 1. Applicability of Section 194LBB ✅ Covered Payments: Income from Category I & II AIFs(e.g., Venture Capital Funds, Private Equity Funds). Includes: Interest Dividends Other income(excluding

Section 194LBC of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on income distributed by Securitisation Trusts (STs) or Category III Alternative Investment Funds (AIFs) to investors. Below is a structured breakdown of its provisions: 1. Applicability of Section 194LBC ✅ Covered Payments: Income distributed by Securitisation Trusts(e.g., from loan pools, asset-backed securities). Income from Category III AIFs(hedge funds, PIPE funds). Includes: Interest

Section 194LC of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on interest payments made by Indian companies or business trusts to non-residents (excluding companies) or foreign companies for specified foreign borrowings. Below is a structured breakdown of its provisions, rates, and compliance requirements: 1. Applicability of Section 194LC ✅ Covered Payments: Interest on foreign currency borrowings(ECBs) under loan agreements (July 1,