Exemption & No-TDS Checker

All no-deduction & exemption provisions under Section 393 sub-sections (4)–(9).

Amount below threshold limit

393(1)

If the aggregate amount during the tax year does not exceed the threshold in column D, no TDS is required.

Applies to: All provisions with a threshold

Form 15G / 15H declaration filed

393(6)

No deduction where payee furnishes self-declaration that tax on estimated income is nil (subject to PAN and prescribed limits).

Applies to: Interest / certain incomes

Lower / Nil deduction certificate u/s 197 equivalent

393(5)

Where the Assessing Officer has issued a certificate, TDS is at the lower rate or nil.

Applies to: All provisions

Payment to Government / RBI / specified entities

393(4) Sch.

No TDS on interest payable to Government, RBI, statutory corporations, mutual funds, etc.

Applies to: Interest, Cash withdrawal

Offshore Banking Unit interest to non-resident

393(8)

No deduction from interest paid by an Offshore Banking Unit on borrowings/deposits made on/after 1.4.2005 by a non-resident.

Applies to: Non-resident interest

Payment to / on behalf of New Pension System Trust

393(9)

No TDS on any payment to/for the NPS Trust referred to in Schedule VII.

Applies to: All provisions

Agricultural land

393(1) Sl.3

TDS u/s 393(1) Sl.3 does not apply to transfer of agricultural land.

Applies to: Immovable property transfer

Transporter declaration (≤ 10 goods carriages + PAN)

393(4) Sl.8

No TDS on contract payments to transporters owning ≤10 goods carriages who furnish PAN and declaration.

Applies to: Contractor 6(i)

How to use

The TDS Calculator automatically evaluates the threshold and the most common exemptions (15G/15H, lower deduction certificate, agricultural land, transporter declaration) and reports whether TDS is required along with the legal reason.