AAR - Section 393 unified TDS

Applicant sought clarification on TDS rate selection under the unified Section 393 of IT Act 2025.

Rate determination where multiple sub-sections of erstwhile 1961 Act provisions applied to a composite transaction.

Section 393 read with the rate schedule notified under Section 393(2) - most-specific rate applies to each component; aggregate composite payments must be unbundled for rate selection.

Section 393 retains the substance of the 1961 TDS regime but consolidates the procedural framework.