Use this tool to work out the TDS to be deducted on common payments, and to estimate the interest and late fee when TDS is deducted late, deposited late or the TDS return is filed after the due date.
1. TDS Amount
Rates shown are common rates for residents and are for quick reference only. If PAN is not furnished, TDS is deducted at the higher of the normal rate and 20% (5% for purchase of goods). Threshold limits, lower deduction certificates and special cases are not covered. Please confirm the rate for your transaction before deducting.
2. Interest and Late Fee on TDS
Deposit is treated as late if made after the 7th of the next month (30 April for tax deducted in March). If it is late, interest is counted from the date of deduction. Leave the return dates blank if you only want interest.
How Interest and Late Fee Are Worked Out
- Late deduction: 1% per month or part of a month, from the date tax was deductible to the date it was actually deducted.
- Late deposit: 1.5% per month or part of a month, from the date of deduction to the date of deposit.
- Part of a month: Any part of a calendar month is counted as a full month in this calculator.
- Late filing fee: ₹200 for every day of delay in filing the TDS statement, but not more than the amount of TDS, under section 427 of the Income-tax Act, 2025 (section 234E of the Income-tax Act, 1961 for earlier years). The fee must be paid before the statement is filed.
- Penalty for not filing or filing incorrect statements may apply separately and is not included here.
Example
TDS of ₹10,000 was deducted on 25 April 2026 and deposited on 10 June 2026. Interest for late deposit is counted for April, May and June, that is 3 months × 1.5% = ₹450.
Need Help?
North West Consultancy can help you with TDS deduction, challan payment, quarterly TDS returns, correction statements and default notices. Contact North West Consultancy.
Office: 210, Vitthal The Mall, Koba Gandhinagar Road, Near Vishwakarma Engineering College, Ahmedabad, Gujarat – 382424
Raviraj Upadhyay (Partner): +91 90338 52145
Prashant Joshi (Partner): +91 97146 56484
Email: fca.raviraj@gmail.com
Disclaimer: This tool is for general information and quick estimation only. Results depend on the inputs entered and on the law, notifications and portal rules in force. It is not professional advice. Please verify with the official portal or notification before making a payment or filing.