Income tax

Section Under which deduction made ? | How to know which section is what type of tax deduction?

192 – Salary
193 – Interest on Securities
194 – Dividends
194A – Interest other than ‘Interest on securities’
194B – Winning from lottery or crossword puzzle
194BB – Winning from horse race
194C – Payments to contractors and sub-contractors
194D – Insurance commission
194E – Payments to non-resident sportsmen or sports associations
194EE – Payments in respect of deposits under National Savings Scheme
194F – Payments on account of repurchase of units by Mutual Fund or Unit Trust of India
194G – Commission, price, etc., on the sale of lottery tickets
194H – Commission or brokerage
194I – Rent
194J – Fees for professional or technical services
194K – Income payable to a resident assessee in respect of units of a specified mutual fund or of the units of the Unit Trust of India
194LA – Payment of compensation on acquisition of certain immovable property
195 – Other sums payable to a non-residents
196A – Income in respect of units of non-residents
196B – Payments in respect of units to an offshore fund
196C – Income from foreign currency bonds or shares of indian company payable to non-residents
196D – Income of foreign institutional investors from securities
206CA – Collection at source from alcoholic liquor for human consumption
206CB – Collection at source from timber obtained under forest lease
206CC – Collection at source from timber obtained by any mode other than a forest lease
206CD – Collection at source from any other forest produce (not being tendu leaves)
206CE – Collection at source from any scrap
206CF – Collection at source from contractors or licensee or lease relating to parking lots
206CG – Collection at source from contractors or licensee or lease relating to toll plaza
206CH – Collection at source from contractors or licensee or lease relating to mine or quarry
206CI – Collection at source from tendu Leaves

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