TDS Calculator

About

  • The TDS Calculator API enables you to calculate the respective tds_amount, tds_rate, & TDS due_date, among others for a particular case.
  • This API takes the respective nature_of_payment under TDS requirements and provides applicable TDS liability.

Definitions

  • Tax Deducted at Source (TDS) is an indirect method of collecting Income Tax.
  • (TDS) is applicable to persons making payment of specified nature to deduct tax at source at a prescribed rate and deposit the same with the Government.

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Know More

What is TDS?

Usecase

  • TDS can to be deducted by Company, Association of Persons, Trust, Artificial Juridical Person, Body of Individuals, Individual, HUF, Firm, etc.

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Know more

Who needs to deduct TDS?


Endpoint

HTTP Method

Endpoint

Description

POST

calculators/tds

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

API EndpointAPI Endpoint

Body Parameters

Parameters

Required

Type

Description

Example

deductee_type

Yes

string

Type of Deductee Possible Values:
Individual, HUF, Company,
Firm, Trust

Individual

is_pan_available

Yes

string

Is PAN of deductee available?
Possible Values: Y, N

Y

residential_status

Yes

string

Residential Status of the user
Possible Values:
Resident, Non Resident

Resident

nature_of_payment

Yes

string

Type of the payment being made.

Cargo Handling Services Inspection And Logistics Services

credit_amount

Yes

num

Payment amount (in INR)

250000

credit_date

Yes

string

Date of payment
Format: DD/MM/YYYY

20/02/2021


Response

Param

Type

Description

Example

deductee_type

string

Type of Deductee Possible Values:
Individual, HUF, Company,
Firm, or Trust

Individual

is_pan_available

string

Returns Y or N.

Y

residential_status

string

Residential Status of the user. Possible Values: Resident, Non Resident

Resident

section

string

Section under which the tax is deducted for deductee

195

code

string

Code under which the tax is deducted for deductee.

195

category

string

Category under which tax is deducted for deductee.

Others

nature_of_payment

string

The kind of payment being made.

Cargo Handling Services Inspection And Logistics Services

credit_amount

num

Payment amount (in INR)

250000

credit_date

string

Date of payment
Format: DD/MM/YYYY

20/02/2021

tds_rate

num

Applicable TDS rate

7.5

threshold_amount

num

Threshold amount that could be deducted

2500

due_date

string

Due date of depositing TDS

07/03/2021

tds_amount

num

TDS amount to be deducted

18750


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