Calculate TDS deductions for various payment types instantly.
Calculate TDS Amount
TDS Calculation Result
Payment Amount₹0
Applicable Rate0%
PAN StatusFurnished
TDS Amount₹0
Net Amount to Payee₹0
TDS Due Date for Deposit7th of next month
Return Form26Q/27Q
Note: TDS is required only if the payment exceeds the applicable threshold limit.
TDS Sections & Rates Reference
Section
Payment Type
Rate
Threshold
192
Salary
Per IT slab
N/A
194
Dividend
10%
No threshold
194A
Interest (Bank/PO)
10%
₹40,000 (or ₹50,000 senior)
194B
Lottery/Winnings
30%
₹10,000
194C
Contractor/Subcontractor
1-2%
₹30K or ₹1L aggregate
194D
Insurance Commission
5%
₹15,000
194H
Commission/Brokerage
5%
₹15,000
194I
Rent (Plant/Machinery)
2%
₹2,40,000
194I
Rent (Land/Building)
10%
₹2,40,000
194J
Professional Fees
10%
₹30,000
194J
Technical Fees
2%
₹30,000
194Q
Purchase of Goods
0.1%
₹50L (turnover>₹10Cr)
194R
Perquisites/Benefits
10%
₹20,000
195
Non-resident Payment
20-30%
No threshold
Important TDS Information
TDS Due Date for Deposit
TDS must be deposited with banks within7 days from the end of the monthin which the payment was made. For example, if payment is made in June, TDS must be deposited by 7 July. There is a special due date of 30 April for TDS deducted in March.
PAN Requirement (Section 206AA)
If the payee has not furnished their PAN, the TDS rate isdoubled(or 20% if no specific rate is mentioned). This is a penalty for non-compliance. Always collect PAN before making payments.
TDS Credit in Income Tax Return
The deductee can claim the TDS paid as a credit against their income tax liability while filing the annual return. Form 16A is issued by the deductor, and Form 26AS on the Income Tax portal shows all TDS credits.
Forms for TDS Compliance
Form 16:Certificate of TDS deducted on salary (annual document)
Form 16A:Certificate for TDS deducted on payments other than salary
Form 26Q:Quarterly TDS return for non-salary payments
Form 27Q:Quarterly TDS return for salary
Challan 280:For depositing TDS amount
Frequently Asked Questions
What is the due date for TDS deposit?+
TDS must be deposited within 7 days from the end of the month in which the payment was made. For example, if you deduct TDS in June, it must be deposited by 7 July. For March TDS, the special due date is 30 April (before the financial year ends).
What is the difference between Form 16 and Form 16A?+
Form 16 is issued by employers to employees for TDS deducted on salary during the financial year. Form 16A is issued for TDS deducted on payments other than salary (like contractor payments, professional fees, commissions, etc.). Both are used to claim TDS credit in income tax returns.
How can I claim TDS credit in my income tax return?+
You can claim TDS credit in your ITR (Income Tax Return) under Schedule TDS. You need the TDS certificates (Form 16 or 16A) issued by the deductor. You can also verify TDS deducted on your PAN through Form 26AS on the Income Tax e-portal. The TDS paid is credited against your total tax liability.
What happens if TDS is deducted without PAN?+
If PAN is not furnished, the TDS rate is doubled as per Section 206AA. For example, instead of 10% (194A interest), it becomes 20%. The payee will not get credit for this excess TDS easily. Always provide PAN to your deductors to avoid this penalty deduction.
Is there a threshold below which TDS is not deducted?+
Yes. Most TDS sections have a threshold limit. For example, Section 194A (interest) has a threshold of ₹40,000 (₹50,000 for senior citizens). Section 194C (contractor) has ₹30,000 per transaction or ₹1 lakh aggregate. Check the applicable threshold for your payment type before deducting TDS.
Can I get a refund if excess TDS is deducted?+
Yes, if TDS is deducted in excess of your tax liability, you can claim a refund while filing your income tax return. The refund is processed after verification by the tax department. This is why filing ITR on time is important even if no tax is payable.
What is the penalty for not depositing TDS on time?+
If TDS is not deposited by the due date, interest @1% per month is charged under Section 234E on the delayed TDS. Additionally, penalties under Section 271E may be imposed. The interest keeps accruing until the TDS is deposited, so timely deposit is crucial.
How to Use This Calculator
Select Payment Type:Choose the TDS section that applies to your payment (e.g., 194A for interest, 194C for contractor fees).
Enter Payment Amount:Input the gross amount on which TDS is to be deducted.
Confirm PAN Status:Indicate whether PAN has been furnished. If not, TDS rate will be doubled.
Select Payee Type:Choose if the payee is individual, company, or other (affects TDS rate for some sections).
Calculate:Click Calculate TDS to see the exact deduction amount.
Note Due Date:Remember to deposit TDS by the 7th of the following month.
Disclaimer:This calculator provides estimates based on current TDS rules. For professional advice on TDS deduction and compliance, consult a qualified CA or tax advisor.
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