Income in respect of units of an investment fund specified in s.224
- Rate
- 10%
- Threshold
- Nil
- Who deducts
- Any investment fund specified in section 224
- 1961 Act
- Section 194LBB
Section finders.393(1) [Table: Sl. No. 4(iii)]Act page 470 s.393(2) [Table: Sl. No. 8]Act page 478
Section 194LBB in the Income-tax Act, 2025
The answer
Section 194LBB of the Income-tax Act, 1961 is s.393(1) [Table: Sl. No. 4(iii)] and s.393(2) [Table: Sl. No. 8] 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
Income in respect of units of an investment fund specified in s.224, to a non-resident unitholder
- Rate
- Rates in force
- Who deducts
- Investment fund specified in section 224
- 1961 Act
- Section 194LBB
Source: the enacted text of the Income-tax Act, 2025 [30 of 2025], as amended by the Finance Act, 2026, pages 470, 478. 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 194LBB called in the Income-tax Act, 2025?
Section 194LBB of the Income-tax Act, 1961 is s.393(1) [Table: Sl. No. 4(iii)] and s.393(2) [Table: Sl. No. 8] 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(1) [Table: Sl. No. 4(iii)]?
Rate: 10%. Threshold: Nil. It covers: Income in respect of units of an investment fund specified in s.224.
What is the TDS rate and threshold under s.393(2) [Table: Sl. No. 8]?
Rate: Rates in force. It covers: Income in respect of units of an investment fund specified in s.224, to a non-resident unitholder.