📊 TDS Calculator Online
Calculate TDS on Salary, Professional Fees & Rent - India 2024-25
TDS Calculator - Tax Deducted at Source
TDS (Tax Deducted at Source) is a system where tax is deducted at the source of income. Use this calculator to calculate TDS on various payments like salary, professional fees, rent, contractor payments, and commission.
TDS Rates in India 2024-25
| Section | Nature of Payment | TDS Rate (With PAN) | TDS Rate (Without PAN) |
|---|---|---|---|
| 192 | Salary | As per slab | As per slab |
| 194J | Professional/Technical Fees | 10% | 20% |
| 194I | Rent (Machinery/Equipment) | 2% | 20% |
| 194I | Rent (Land/Building/Furniture) | 10% | 20% |
| 194C | Contractor/Sub-contractor | 1% (Individual), 2% (Company) | 20% |
| 194H | Commission/Brokerage | 5% | 20% |
When is TDS Deducted?
- Salary: Every month by employer
- Professional Fees: When payment exceeds ₹30,000 in a year
- Rent: When monthly rent exceeds ₹50,000
- Contractor: When single payment exceeds ₹30,000 or aggregate exceeds ₹1,00,000
- Commission: When payment exceeds ₹15,000 in a year
TDS Certificate - Form 16 & 16A
- Form 16: TDS certificate for salary income (issued by employer)
- Form 16A: TDS certificate for non-salary income (rent, professional fees, etc.)
- Purpose: Required for filing income tax return (ITR)
- Timeline: Must be issued within specified time limits
TDS Payment and Return Filing
- TDS Payment: Due by 7th of next month (30th for March)
- Quarterly Returns: Q1 (July 31), Q2 (Oct 31), Q3 (Jan 31), Q4 (May 31)
- Late Payment: Interest at 1.5% per month
- Late Filing: Penalty of ₹200 per day
Benefits of TDS System
- ✓ Regular tax collection throughout the year
- ✓ Reduces tax evasion
- ✓ Convenient for taxpayers (pay-as-you-earn)
- ✓ TDS credit adjusted against total tax liability
- ✓ Refund if excess TDS deducted
Need Help with TDS Return Filing?
Shree Dwarikadhish Tax Consultancy provides expert TDS return filing services, TDS reconciliation, and compliance support. Contact us for professional assistance.
📞 Call:
78988 60859 /
9039636991
✉️ Email:
shreedwarikadhishtax@gmail.com