Income Tax Act, 1961 Compliance
Section 194Q (TDS on Purchase) & 206C(1H) TCS Calculator
Calculate accurate 0.1% TDS on high-value B2B purchase transactions exceeding the ₹50 Lakh statutory threshold with PAN validation.
Party Turnover & Bill Inputs
₹50 Lakh Threshold Logic₹65,00,000
Deduction Breakdown
Statutory Threshold:₹50,00,000
Eligible Excess Amount:₹5,00,000
Applicable Rate:0.1%
TDS / TCS to Deduct on this Invoice:
₹500
Deposit under Challan ITNS 281 by 7th of next month
Automated Cloud Solution
Why Calculate Manually? UdyogBill Does This Automatically.
Eliminate manual calculations, Excel mistakes, and compliance penalties on every transaction.
- Auto party turnover tracking against ₹50 Lakh threshold
- Automatic 0.1% TDS line item on purchase invoices
- TDS Form 26Q return package export for chartered accountants
- PAN verification with ITD database via API
Business Impact
Wholesale traders eliminate notice risks under Section 201 for failure to deduct TDS.
Over 5,000+ Indian MSMEs trust UdyogBill for error-free billing and compliance.