Overview

Calculate tds_amount & tds_rate applicable for a given payment using this API

Problem

• Tax Deducted at Source (TDS) is an indirect method of collecting Income Tax.
• TDS can be deducted by Company, Association of Persons, Trust, Artificial Juridical Person, Body of Individuals, Individual, HUF, & Firm.
• The deductor has to deduct TDS when making payments of specified nature at a prescribed rate and deposit the same with the Government.
• However, it can be tedious to determine the TDS rate or the section that is applicable to every deductee, making the process error-prone and inefficient.

Solution

• API that calculates the TDS liability, making the process fast and efficient.

Endpoint

Request

Follow the below guidelines to pass payment details to calculate TDS.

Body

A Request Body (JSON) is uploaded for calculating the TDS Tax Liabilities.

Sample CURL request

curl --request POST \
     --url https://api.sandbox.co.in/calculators/tds \
     --header 'Accept: application/json' \
     --header 'Authorization: xxxxxxxx' \
     --header 'Content-Type: application/json' \
     --header 'x-api-key: xxxxxxxxxx' \
     --header 'x-api-version: 1.0' \
     --data '
{
     "deductee_type": "Individual",
     "is_pan_available": "Y",
     "residential_status": "Resident",
     "nature_of_payment": "Cargo Handling Services Inspection And Logistics Services",
     "credit_amount": 250000,
     "credit_date": "20/02/2021"
}
'

❗️

Test Environment Not Available

Response

Response Caching

Response caching is not available for this API. Learn more about our response caching mechanism here

Wallet Charges

Since TDS Calculator API is not a Paid API, no wallet charge will take place.

Versioning

This API is currently in major version 1.0. Refer to our versioning policies here

Nature of Payments