TDS Under Section 194C - Contractor Payment कैलकुलेटर
Section 194C applies to payments to contractors and subcontractors. TDS rate: 1% for individual/HUF contractors, 2% for companies. Threshold: Rs 30,000 per payment OR Rs 1 लाख aggregate in a year. On Rs 5 लाख paid to a contractor company for services: TDS = 2% of Rs 5 लाख = Rs 10,000.
TDS Rate
10%
TDS Amount
₹10,000
Net Payment
₹90,000
Without PAN, TDS is deducted at 20% (Section 206AA). Rates: 194J: 10%, 194I: 10%, 194C: 1-2%, 194A: 10%, 194H: 5%. Salary TDS varies — shown as flat 10% estimate.
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