Income Tax Act, 2025
Section 5: Subs. by Act 28 of 2016, s. 76, for “two per cent.” (w.e.f. 12016).
5. Subs. by Act 28 of 2016, s. 76, for “two per cent.” (w.e.f. 12016).
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Provided that no deduction under this section shall be made where the amount of such payment or, as
the case may be, the aggregate amount of such payments to the payee during the financial year is less than
one hundred thousand rupees.]
1[194E. Payments to non-resident sportsmen or sports associations.—Where any income referred
to in section 115BBA is payable to a non-resident sportsman (including an athlete) 2[or an entertainer]
who is not a citizen of India or a non-resident sports association or institution, the person responsible for
making the payment shall, at the time of credit of such income to the account of the payee or at the time
of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier,
deduct income-tax thereon at the rate of 3[twenty per cent.].]
4[194EE. Payments in respect of deposits under National Savings Scheme, etc.—The person
responsible for paying to any person any amount referred to in clause (a) of sub-section (2) of section
80CCA shall, at the time of payment thereof, deduct income-tax thereon at the rate of 5[ten per cent.]:
Provided that no deduction shall be made under this section where the amount of such payment or, as
the case may be, the aggregate amount of such payments to the payee during the financial year is less than
two thousand five hundred rupees :
Provided further that nothing contained in this section shall apply to the payment of the said amount
to the heirs of the assessee.]
6[194F. Payments on account of repurchase of units by Mutual Fund or Unit Trust of India.—
The person responsible for paying to any person any amount referred to in sub-section (2) of section
80CCB shall, at the time of payment thereof, deduct income-tax thereon at the rate of twenty per cent.]
7[194G. Commission, etc., on the sale of lottery tickets.—8[(1)] Any person who is responsible for
paying, on or after the 1st day of October, 1991 to any person, who is or has been stocking, distributing,
purchasing or selling lottery tickets, any income by way of commission, remuneration or prize (by
whatever name called) on such tickets in an amount exceeding9[fifteen thousand rupees] shall, at the time
of credit of such income to the account of the payee or at the time of payment of such income in cash or
by the issue of a cheque or draft or by any other mode, whichever is earlier, deduct income-tax thereon at
the rate of 10[five per cent.].]
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Explanation.—For the purposes of this section, where any income is credited to any account, whether
called "Suspense Account" or by any other name, in the books of account of the person liable to pay such
income, such crediting shall be deemed to be credit of such income to the account of the payee and the
provisions of this section shall apply accordingly.]
1. Ins. by Act 36 of 1989, s. 22 (w.e.f. 11989). Earlier section 194D was omitted by Act 3 of 1989, s. 31(w.e.f. 1
1988) which was inserted by Act 4 of 1988, s. 74 (w.e.f. 11988).
of sub-section
of section
80CCA shall, at the time of payment thereof, deduct income-tax thereon at the rate of 5[ten per cent.]:
Provided that no deduction shall be made under this section where the amount of such payment or, as
the case may be, the aggregate amount of such payments to the payee during the financial year is less than
two thousand five hundred rupees :
Provided further that nothing contained in this section shall apply to the payment of the said amount
to the heirs of the assessee.]
6[194F. Payments on account of repurchase of units by Mutual Fund or Unit Trust of India.—
The person responsible for paying to any person any amount referred to in sub-section
of section
80CCB shall, at the time of payment thereof, deduct income-tax thereon at the rate of twenty per cent.]
7[194G. Commission, etc., on the sale of lottery tickets.—8[