TDS Calculator India — Tax Deducted at Source FY 2026-27
Real-World Examples — 2026
Freelancer invoicing ₹1 lakh for professional services
A freelancer billing ₹1 lakh for professional services has ₹10,000 TDS deducted (10% under 194J). The client pays ₹90,000 net. The freelancer claims ₹10,000 TDS credit while filing ITR and gets a refund if their actual tax liability is lower.
Rent payment of ₹50,000/month
For monthly rent above ₹50,000, the tenant must deduct 5% TDS (Section 194IB) in the last month or when vacating. On ₹6 lakh annual rent: TDS = ₹30,000, deposited once using Form 26QC.
Frequently Asked Questions
What is TDS and who deducts it?
TDS (Tax Deducted at Source) is tax withheld by the payer before making a payment. Banks deduct TDS on interest, employers on salary, and businesses on contractor/professional payments. The deductor deposits TDS with the government and the deductee gets credit for it in their tax return.
What is the TDS rate on professional fees in 2026-27?
TDS on professional/technical fees (Section 194J) is 10% for professionals and 2% for technical services. This applies when the payment exceeds ₹30,000 in a financial year. Freelancers and consultants receiving professional income will have 10% TDS deducted.
How do I check TDS credited to my account?
TDS credit is visible in your Form 26AS and AIS (Annual Information Statement) on the Income Tax portal. Any mismatch between TDS deducted and Form 26AS must be resolved before filing your ITR to avoid tax demand notices.
Is the TDS Calculator free?
Yes, the TDS Calculator on CalcPhi is completely free with no registration required.
Are my inputs stored?
No. All calculations run in your browser. We do not store any financial data.
Can I use the TDS Calculator on mobile?
Yes. CalcPhi is fully mobile-optimised and works on all modern smartphones.