Section 194 of the Income-tax Act, 1961 is s.393(1) [Table: Sl. No. 7] of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
Dividend, including dividend on preference shares, declared
Source: the enacted text of the Income-tax Act, 2025 [30 of 2025], as amended by the Finance Act, 2026, page 473. This page sets out the Table entry as read from the Act; read the section and the Notes to its Table before relying on it for a return or an opinion.
Section 194 of the Income-tax Act, 1961 is s.393(1) [Table: Sl. No. 7] of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
Rate: 10%. Threshold: Nil in the Table; s.393(4) Sl.10(f) allows no deduction up to ₹10,000 paid to an individual shareholder otherwise than in cash. It covers: Dividend, including dividend on preference shares, declared.