Estimate TDS deduction on rent, professional fees, contractor payments, or interest income using standard rates.
TDS = Payment Amount × Applicable Rate
If the recipient hasn't furnished their PAN, Section 206AA mandates a higher rate (typically 20%) instead of the standard rate for that payment type. This calculator applies that override automatically when you select "No" for PAN.
Important: TDS rates and thresholds are revised periodically by the government. The rates shown here reflect commonly cited current rates per section, but exact thresholds (the minimum payment amount above which TDS applies) vary by section and have changed in recent years — always verify the current threshold for your specific case before treating this as a compliance calculation.
Tax Deducted at Source (TDS) is a mechanism where the payer deducts a portion of tax before making a payment (such as rent, professional fees, or interest) and deposits it directly with the government on the recipient's behalf.
Under Section 206AA, if you don't furnish your PAN, TDS is deducted at a higher rate — typically 20% — instead of the standard rate applicable to that payment type.
Yes. TDS deducted is reflected in your Form 26AS / AIS and can be claimed as a credit against your final tax liability when you file your income tax return. If your actual tax liability is lower than the TDS deducted, you receive a refund.
No, thresholds and rates are revised periodically through Union Budget announcements and notifications. Always verify the current threshold for your specific payment type and financial year before relying on a calculation for compliance purposes.
The person or entity making the payment (the "deductor") is responsible for deducting TDS at the applicable rate and depositing it with the government within the prescribed time, then issuing a TDS certificate to the recipient.
Whether you're a business deducting TDS on a vendor payment or an individual trying to understand how much will be withheld from rent, professional fees, or interest income, this calculator applies the standard rate for common payment categories to give you a quick estimate.
For actual compliance and filing purposes, always confirm the current threshold and rate for your specific section and financial year with a tax professional or the official Income Tax Department TDS rate chart, since these are updated periodically through Budget announcements.
