Calculate TDS on contractor, professional fees, rent, commission, interest, purchase of goods and more — with the new 4-digit payment code, threshold check and the return form you need.
Pick the payment, enter the amount — get the TDS rate, amount, new payment code and return form.
Fill in the details and click Calculate TDS.
From 1 April 2026, TDS on payments to residents is deducted under Section 393 of the Income-tax Act, 2025 and each nature of payment is identified by a 4-digit payment code instead of the familiar 194C or 194J. This calculator handles both: you can search by the old section you know, and it tells you the rate, the threshold, the TDS amount and the new code you must use in the challan and in Form 140 or Form 141.
The table below lists the payments finance teams and CAs deal with most often. Use the payment code mapper for the full list, including non-resident and TCS codes.
| Old section | New code | Nature of payment | Threshold | Rate |
|---|---|---|---|---|
| 194C | 1023 | Contractor / sub-contractor (incl. manpower supply) – payee Individual/HUF | ₹30,000 single / ₹1,00,000 p.a. | Ind/HUF 1% · Others — |
| 194C | 1024 | Contractor / sub-contractor (incl. manpower supply) – payee other than Individual/HUF | ₹30,000 single / ₹1,00,000 p.a. | Ind/HUF — · Others 2% |
| 194J(b) | 1027 | Fees for professional services, royalty, non-compete | ₹50,000 p.a. | 10% |
| 194J(a) | 1026 | Fees for technical services, royalty on films, call centre | ₹50,000 p.a. | 2% |
| 194J(ba) | 1028 | Director's remuneration, fees or commission (other than salary) | Nil | Ind/HUF 10% · Others — |
| 194H | 1006 | Commission or brokerage (other than insurance) | ₹20,000 p.a. | 2% |
| 194D | 1005 | Insurance commission | ₹20,000 p.a. | Ind/HUF 2% · Others 10% |
| 194-I(b) | 1009 | Rent – land, building, furniture or fittings | ₹50,000 per month | 10% |
| 194-I(a) | 1008 | Rent – plant, machinery or equipment | ₹50,000 per month | 2% |
| 194-IB | 1007 | Rent paid by Individual/HUF not liable to audit (> ₹50,000 per month) | ₹50,000 per month | 2% |
| 194-IA | 1010 | Purchase / transfer of immovable property (other than agricultural land) | ₹50 lakh or more | 1% |
| 194A | 1022 | Interest other than on securities – paid by company, firm, NBFC etc. | ₹10,000 p.a. | 10% |
| 194A | 1021 | Interest by bank / post office / co-op bank – others | ₹50,000 p.a. | 10% |
| 194 | 1029 | Dividend by domestic company (incl. preference dividend) | ₹10,000 p.a. | 10% |
| 194Q | 1031 | Purchase of goods (buyer turnover > ₹10 crore) | On amount exceeding ₹50 lakh p.a. | 0.1% |
| 194O | 1035 | Payment by e-commerce operator to e-commerce participant | ₹5 lakh p.a. (Individual/HUF participant) | 0.1% |
| 194R | 1033 | Benefit or perquisite of business / profession | ₹20,000 p.a. | 10% |
| 194T | 1067 | Salary, remuneration, commission, bonus or interest to partner of firm/LLP | ₹20,000 p.a. | Ind/HUF 10% · Others — |
| 194N | 1065 | Cash withdrawal – any other person | On amount exceeding ₹1 crore p.a. | 2% |
| 194B | 1058 | Winnings from lottery, crossword, card game, gambling | ₹10,000 per transaction | 30% |
If the payee does not furnish a PAN, or the PAN is inoperative because it is not linked with Aadhaar, TDS is deducted at the higher of twice the normal rate or 20%. For purchase of goods (old 194Q) and e-commerce payments (old 194O) the no-PAN rate is 5%. Check PANs before the first payment of the year with our PAN format checker, then confirm status in bulk through TRACES.
OnlineTDS runs bulk PAN verification against TRACES before you file, so no-PAN defaults never reach your return.
See featuresTDS on payments to a resident contractor is 1% if the contractor is an Individual or HUF (payment code 1023) and 2% for any other contractor (payment code 1024). TDS applies when a single payment exceeds ₹30,000 or total payments in the year exceed ₹1,00,000.
Fees for professional services (old 194J(b)) attract 10% TDS under payment code 1027, and fees for technical services, royalty on films and call-centre payments (old 194J(a)) attract 2% under code 1026. The annual threshold is ₹50,000 for each. Director's fees (code 1028) have no threshold.
For payments made on or after 1 April 2026, the challan and the TDS statement use the 4-digit payment code under Section 393 instead of the old section number. The old section is still useful as a reference, which is why this calculator shows both.
If the payee has no PAN or an inoperative PAN, TDS is deducted at the higher of twice the applicable rate or 20%. For purchase of goods and e-commerce payments the rate is 5%.
Resident non-salary TDS goes in Form 140 (old 26Q). Property purchase, rent paid by individuals not liable to audit, contract or professional payments by individuals (old 194M) and VDA by individuals go in the Form 141 challan-cum-statement. Salary goes in Form 138.
No. Salary TDS under Section 392 depends on the employee's full income, regime and deductions. Use the income tax calculator for salary estimates, and OnlineTDS Software for Form 138 and Form 16 (Form 130) generation.
OnlineTDS Software maps every deduction to the right Section 393 payment code, checks thresholds, verifies PANs on TRACES and generates Forms 140, 141 and 144 — for unlimited deductors.