TDS Calculator

Enter your payment details to calculate TDS

Enter the following Details

My Results

TDS Details

₹ 40,000

Total TDS

10%

TDS Rate

06/07/2024

Due Date

Payment Breakdown

₹ 40,000

Total TDS

₹ 360,000

Amount Payable

Rule of TDS

If payment made to the individual/ HUF during the F.Y. exceeds ₹ 5,000 then TDS will be applicable @ 10%, no threshold limit for other deductees

Save, Pay, File taxes

How does this tool work?

TDS calculator is an online tool developed by Quicko that helps users estimate the tax amount to be deducted on any payments such as interest, rent, etc. It considers factors like deductee type, nature of payment, date of payment, etc. to determine the TDS deduction, assisting taxpayers in accurate TDS calculation.

Save, Pay, File Taxes

File in minutes with easy-to-follow steps on your computer or phone.

Frequently Asked Questions (FAQs)

What is the due date for filing TDS returns?

TDS returns need to be filed quarterly. The due dates are generally the 31st of July, October, January, and May for the respective quarters.

How can I check my TDS deducted?

Form 26AS, available on the Income Tax Department website, provides a consolidated view of TDS deducted against your PAN.

Can I get a refund if excess TDS is deducted?

Yes, if your total tax liability is less than the TDS deducted, you can claim a refund while filing your income tax return.

How do I avoid TDS deduction?

Submitting Form 15G/15H (for certain individuals) or obtaining a certificate of lower TDS can help reduce or eliminate TDS on their income.

Is PAN mandatory for TDS deduction?

Yes, PAN is generally mandatory for TDS deduction. If PAN is not provided, TDS may be deducted at a higher rate.

What are the consequences of non-compliance with TDS regulations?

Non-compliance with TDS regulations may result in interest, penalties, disallowance of expenses, and potential legal action.

Rated 4.8/5 by customers like you

Getting started with Quicko is easy

Sign Up, Prefill Incomes, Review and E-File your Taxes in minutes.