TDS on payment to CHA as per new section

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This query is : Resolved

Nikhil Sharma (Querist)
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03 July 2026 Dear Experts
As per section 393(6)(ii) of income Tax Act. 2025, has threshold limit to 50 lacs and tds rate 2% been revised even if deductor is individual and service received on contract.

Pls confirm

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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04 July 2026 Yes, as per sec. 393(6)(ii) ... Tax to be deducted at source by individual deductor [Any person, being an individual or Hindu undivided family [other than those required to deduct income-tax as per Sl. No. 6(i) and (iii) or Sl. No. 1(ii)]..... on Payments to contractors, fees for professional and technical services, etc..... is at 2% rate with Threshold limit: Fifty lakh rupees.

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