Interest paid by an infrastructure debt fund
- Rate
- 5%
- Who deducts
- Infrastructure debt fund referred to in Schedule VII Sl.46
- 1961 Act
- Section 194LB
Section finders.393(2) [Table: Sl. No. 5]Act page 477
Section 194LB in the Income-tax Act, 2025
The answer
Section 194LB of the Income-tax Act, 1961 is s.393(2) [Table: Sl. No. 5] of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
As enacted
Source: the enacted text of the Income-tax Act, 2025 [30 of 2025], as amended by the Finance Act, 2026, page 477. 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.
Questions this answers
What is section 194LB called in the Income-tax Act, 2025?
Section 194LB of the Income-tax Act, 1961 is s.393(2) [Table: Sl. No. 5] of the Income-tax Act, 2025. The Income-tax Act, 2025 is in force from 1 April 2026 and applies from FY 2026-27.
What is the TDS rate and threshold under s.393(2) [Table: Sl. No. 5]?
Rate: 5%. It covers: Interest paid by an infrastructure debt fund.