Section 194T TDS on Partner Payments (2026): 10% Rate, ₹20,000 Limit & Form 26Q
Section 194T (from 1 April 2025) makes every partnership firm and LLP deduct 10% TDS on salary, remuneration, commission, bonus and interest paid to a partner, once the year’s total crosses ₹20,000. Profit share stays outside it.