Consideration for the transfer of a virtual digital asset
- Rate
- 1%
- Threshold
- Nil
- Who deducts
- Any person
- 1961 Act
- Section 194S
Section finders.393(1) [Table: Sl. No. 8(vi)]Act page 474
Section 194S in the Income-tax Act, 2025
The answer
Section 194S of the Income-tax Act, 1961 is s.393(1) [Table: Sl. No. 8(vi)] 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 474. 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 194S called in the Income-tax Act, 2025?
Section 194S of the Income-tax Act, 1961 is s.393(1) [Table: Sl. No. 8(vi)] 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. 8(vi)]?
Rate: 1%. Threshold: Nil. It covers: Consideration for the transfer of a virtual digital asset.