TDS, TCS & Late Fee (Sec 201/234E) Engine
Determine statutory TDS rates (194C, 194J, 194I, 194Q, 194-IB, 194H), compute 1%/1.5% interest on non-deduction/late deposit under Section 201(1A), and ₹200/day late filing fee under Section 234E.
SEC 194 / 201 / 234E•TRACES CPC Standards
All CalculatorsPopular TDS Sections:
Statutory Section & Payee Type
10% withholding on professional fees, royalty, non-compete fees
Invoice / Contract Amount
Gross Invoice / Credit ValueThreshold: ₹30,000
Section 201 & 234E Delay Defaults
Months Delayed in Challan Remittance2 Months
Section 194J(b) (10%)
TDS Deductible: ₹15,000
Disburse ₹1,35,000 to vendor. Remit ₹15,450 to Central Government account via Challan ITNS 281.
Total Govt Remittance
₹15,450
TDS + Sec 201 + Sec 234E
Statutory TDS & Penal Interest Schedule
| Gross Invoice / Payment Value | ₹1,50,000 |
| Statutory Withholding Rate | 10% |
| Statutory TDS Amount | ₹15,000 |
| Net Amount Disbursable to Vendor / Payee | ₹1,35,000 |
| Sec 201(1A)(ii) Interest for Delayed Deposit (1.5%/mo × 2 mos) | ₹450 |
| TOTAL STATUTORY REMITTANCE TO GOVERNMENT | ₹15,450 |
TRACES CPC Deposit Deadlines
Monthly TDS must be deposited on or before the 7th of the following month (30th April for March deductions). Failure to deposit attracts mandatory 1.5% per month penal interest under Section 201(1A).