TDS Section 194LBB — Income from investment fund (AIF Cat I & II)
FY 2025-26 · Rate 10% (resident); rates in force (non-resident)
What does this section cover?
TDS on income paid by Category I / II Alternative Investment Fund (AIF) to investors.
Why this section: Cat I/II AIFs (VC, PE, infra funds) deduct TDS at 10% on income passed through to resident investors.
Key facts
- Threshold
- No threshold
- Applicable for
- FY 2025-26
- Who deducts
- AIF Category I / II
- Paid to
- Investor (resident or non-resident)
- Statutory source
- Section 194LBB, Income Tax Act
Common terms accountants use
If your description mentions any of these, Section 194LBB is likely the right answer. The matcher in this tool is a keyword scorer — not an AI classifier — so cross-check borderline cases against the official CBDT TDS rate chart.
Related TDS sections
Other sections in the same series or adjacent. Useful when narrowing down between similar payment categories.
Need a different section?
Describe the payment in plain English — “rent of plant”, “senior citizen interest”, “NRI dividend” — and the matcher will surface the right section.
Search TDS sections →Source: curated from the CBDT TDS rate chart. Dataset snapshot: 2025-04-01. Rates can change between Finance Acts and notifications — verify before deducting.