Section 194C of the Income-tax Act, 1961 is s.393(1) [Table: Sl. No. 6(i)] of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
Sum for carrying out any work (including supply of labour) under a contract with a designated person
Source: the enacted text of the Income-tax Act, 2025 [30 of 2025], as amended by the Finance Act, 2026, page 471. 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 194C of the Income-tax Act, 1961 is s.393(1) [Table: Sl. No. 6(i)] 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: 1% if the contractor is an individual or HUF; 2% otherwise. Threshold: ₹30,000 for any single sum; ₹1,00,000 in the aggregate. It covers: Sum for carrying out any work (including supply of labour) under a contract with a designated person.