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Income tax · mutual fund TDS

TDS on mutual funds (section 194K)

Internal audit copy names section 194K for income from mutual fund units in specified cases. No rate is stated on this page.

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The internal audit services page says section 194K covers income from units of mutual funds in specified cases. The same page says mutual fund distributor commission may attract 194H or 194K. This page does not state those cases or a rate.

The income-tax filing page FAQ says salaried employees with capital gains from equity shares, mutual funds, or immovable property file ITR-2, or ITR-3 for active intraday or F&O trading. Phase 1 asks investors to download consolidated capital gains statements from CAMS, KFintech, or stockbrokers. That step is gain reporting, not a statement of section 194K rates.

Dividend income in ITR is a different chip for ITR-1 other sources. TDS on dividend (section 194) is the separate dividend TDS line from internal audit copy.

Form 26AS shows the tax credit. Deductor quarterly filing stays on the TDS return filing page.

What does internal audit say about section 194K?

The internal audit services page says section 194K covers income from units of mutual funds in specified cases. It also says mutual fund distributor commission may attract 194H or 194K. This page does not state those cases or a rate.

Is this the same as mutual fund capital gains?

No. The income-tax filing FAQ says capital gains from mutual funds use ITR-2 when there is no business income. The gain working stays on the capital gains desk. Section 194K on this page is only the internal-audit TDS line.

Does this page state a TDS rate?

No. The published pages do not state a percentage for section 194K here.

ITR-2MF capital gains Dividend TDS (194)Different section Capital gainsGain working desk

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