New payment codes in TDS challan and TDS statements wef 1.4.2026

When paying TDS for April 2026, select Income Tax Act 2025 and use the following 4-digit numeric code on TDS Challan and TDS return for salary, contractor payment, FPS and FTS, Rent

  • 1002-TDS on Salary (section 392)

  • 1023, 1024-TDS on contractor payment-1% and 2% respectively (section 393)

  • 1026-Fee for Technical Services-2% (section 393)

  • 1027-Fee for Professional Services-10% (Section 393)

  • 1009-Rent other than plant and machinery-10% (Section 393)

  • 1008-Rent on plant and machinery-2% (Section 393)

  • 7th May is due date for deposit of TDS for April 2026

CS Sharad Bhargava