TDS Calculator — Tax Deducted at Source on FD, Rent & More
Calculate TDS on FD interest, rent, professional fees, and property purchase instantly. Covers Sections 194A, 194I, 194J, and 194IA with correct rates, thresholds, and net receivable amounts. Free, no sign-up.
TDS rates and thresholds verified against Income Tax Department provisions: Section 194A (FD interest, Finance Act 2018 senior threshold ₹50,000), 194I (rent), 194J (professional/technical fees, Finance Act 2020 rate split). PAN-not-furnished 20% rate per CBDT Section 206AA. TDS credit verification via TRACES portal. All calculations client-side. Last reviewed: June 2026.
TDS Calculator India — Section 194A, 194I, 194J & 194IA Rates Explained
Most Indians only think of TDS as the tax their employer deducts from salary. But TDS applies to over a dozen payment categories — each with its own rate, threshold, and compliance obligation. This calculator covers the four most common non-salary TDS types that affect individual taxpayers: FD interest (194A), rent paid (194I), professional and technical fees (194J), and property purchase transactions (194IA).
Understanding TDS matters for both the deductor (the person paying) and the deductee (the person receiving). The deductor must deduct at the correct rate and deposit on time or face interest of 1.5% per month and penalties. The deductee must verify TDS appears correctly in Form 26AS before filing their ITR to claim the credit and avoid paying tax twice.
TDS Rates and Thresholds — FY 2024-25 Complete Reference
| Section | Payment Type | TDS Rate (PAN) | Rate (No PAN) | Threshold |
|---|---|---|---|---|
| 194A | Bank / FD interest | 10% | 20% | ₹40,000/yr (₹50,000 seniors) |
| 194I(b) | Rent — land / building / furniture | 10% | 20% | ₹2,40,000/yr |
| 194I(a) | Rent — plant / machinery / equipment | 2% | 20% | ₹2,40,000/yr |
| 194J(b) | Professional services | 10% | 20% | ₹30,000/yr |
| 194J(a) | Technical services / call centre | 2% | 20% | ₹30,000/yr |
| 194IA | Immovable property (buyer deducts) | 1% | 20% | ₹50 lakh consideration |
How TDS on FD Interest Works — The Most Common Scenario
TDS on Rent — Who Must Deduct and When
The obligation to deduct TDS on rent (Section 194I) applies to any person paying rent exceeding ₹2,40,000/year (₹20,000/month) — except individuals and HUFs who are not required to get their accounts audited. Note: from 2017, even individuals and HUFs paying rent above ₹50,000/month must deduct TDS at 5% under Section 194IB (different from 194I). This calculator covers the 194I rate for companies, firms, and audit-required entities.
194I vs 194IB — which applies to you? Section 194I: companies, firms, and individuals whose accounts are subject to tax audit — pay rent above ₹2.4L/year. Rate: 10% (building) or 2% (machinery). Section 194IB: individuals and HUFs not subject to audit — pay rent above ₹50,000/month. Rate: 5%. This calculator uses 194I rates. Use the in-hand salary calculator to see how 194IB rent TDS affects your monthly take-home.
TDS on Professional vs Technical Fees — The 10% vs 2% Split
Budget 2020 split Section 194J into two sub-categories to reduce the TDS burden on technical service providers: 10% rate: professional services — doctors, lawyers, chartered accountants, architects, engineers, film artists, technical consultants, sports persons. Also: directors\' remuneration (no ₹30,000 threshold). 2% rate: technical services — call centres, management services, IT support, maintenance contracts. If you are a company paying a CA firm for audit services (professional) vs an IT vendor for server management (technical), the rates differ 5x. Always clarify the nature of service to apply the correct rate.
TDS on Property Purchase — Buyer\'s Responsibility
Section 194IA puts the TDS responsibility on the buyer, not the seller: the buyer must deduct 1% on the full consideration when it exceeds ₹50 lakh. The process: deduct TDS at time of payment → deposit via Form 26QB on the IT portal within 30 days of the end of the month in which TDS is deducted → issue Form 16B to the seller within 15 days. The seller claims TDS as credit in their ITR. Incorrect BSR code in Form 26QB means the TDS won\'t appear in the seller\'s Form 26AS — use the BSR Code Lookup to find the exact code for the bank branch where you deposit TDS. The Home Loan EMI Calculator helps you plan the property acquisition finance alongside this TDS obligation.
Form 15G and 15H — Avoid TDS on FD Interest Legitimately
If your total income is below the basic exemption limit, you can submit Form 15G (regular citizens) or Form 15H (senior citizens) to your bank to prevent TDS deduction entirely. Form 15G conditions: resident Indian, below 60 years, tax on estimated income is nil, and total interest income is less than ₹40,000 (regular threshold). Form 15H for seniors: only condition is that tax on estimated total income is nil — the ₹50,000 threshold doesn\'t apply. Submit at the start of each financial year. A false declaration attracts prosecution. If you earn FD interest across multiple banks, each bank needs a separate form.
Claiming TDS Credit — Form 26AS and ITR
- All TDS deducted must reflect in your Form 26AS on the IT portal. Verify before filing ITR.
- Download your AIS (Annual Information Statement) for a comprehensive view including interest income, property transactions, and rent received.
- TDS is deducted from gross income but you declare gross income in ITR — the TDS is your advance tax credit against final liability.
- If TDS > tax liability → file ITR for refund. Process within 15–45 days of e-verification.
- For TDS-related queries, use the TRACES portal to view deductor details and TDS certificate downloads.
- Use the FD Calculator to model FD returns after TDS impact, and the HRA Calculator to maximise old-regime deductions that reduce your taxable income and thus the TDS your employer should deduct from salary.
TDS rates per Income Tax Department (Sections 194A, 194I, 194J, 194IA). 20% no-PAN rate per Section 206AA per CBDT. TDS credit verification via TRACES portal. Last reviewed Jun 2026 by BankZop Financial Editorial Team.