A specialized logic engine designed to assist finance professionals in correctly identifying TDS sections and calculating deductions per Income Tax Act regulations.
- Smart Questionnaire: A conversational, step-by-step UI that guides the user through payment nature, payee type (Individual/HUF vs. Company/Firm), and PAN status.
- Automated Section Mapping: Automatically maps inputs to specific TDS sections (e.g., 194C, 194J, 194I, 194A, 194Q).
- Threshold & Limit Logic: Handles complex tax scenarios including:
- Single vs. Annual aggregate limits.
- Higher deduction rates for non-PAN cases.
- Excess-amount calculation logic (e.g., for Section 194Q).
- Instant Calculation: Real-time computation of TDS amount and net payable, with an integrated "Accountant's Guide" for compliance reminders.
This tool includes logic for, but is not limited to:
- 194C: Payments to Contractors
- 194J: Fees for Professional/Technical Services
- 194I: Rent for Land, Building, or Machinery
- 194A: Interest on Loans
- 194Q: Purchase of Goods
- Frontend: HTML5, Tailwind CSS, Vanilla JavaScript.
- Architecture: Static, client-side logic engine for maximum privacy and data security.
Disclaimer: These tools are provided for educational and audit assistance purposes. Always validate calculations against official statutory provisions and your professional judgment.