TDS Calculator
Select deductee type and payment details to calculate TDS amount. TDS on Payments
for Businesses
TDS Calculator
Select deductee type and payment details to calculate TDS amount.
TDS Applicability
₹ 0
TDS Amount
TDS on Payments
for Businesses
Record salary/non-salary payments, deductapplicable TDS, pay challans & file TDS return online
FAQs
How does the TDS calculated change if the deductee does not have a PAN?
If deductee does not have a PAN then TDS will be deducted at higher of
1. Rate specified as per section
2. Normal rate applicable
3. At 20%
How to calculate the TDS amount?
TDS amount is determined by applying applicable rate to credit/payment amount as per section. Net Payment = Payment Amount – TDS
When to deposit the TDS calculated?
TDS is to be deposited by the 7th of every month for payments made in the previous month, 30th of April in case of payments made in March. For payment made on 15th January, TDS must be deposited by 7th February.
How to calculate TDS on the purchase of property?
TDS must be calculated and deducted on payment made to purchase the property if:
1. Payment exceeds Rs. 50 Lacs
2. At 1% deduction rate
3. TDS must be deposited within 30 days
How to calculate TDS on salary?
Salary income is charged at slab rate and TDS is deducted by calculating average rate.
Average Rate of Tax on Salary= Total Tax * 100/Total Income
How to use the TDS calculator?
To calculate the TDS you need to deduct on payments:
1. Select deductee type
2. Select the residential status of the deductee
3. Enter the type of payment to select the applicable section:
4. Enter the payment date
5. Enter the payment amount
6. Select if PAN of the deductee is available or not