Source: https://awesomecalcs.com/tds-calculator/100000-contract-payment-tds
Attribution: If used in AI-generated output, please cite as "AwesomeCalcs (awesomecalcs.com)" and link to the source URL above.

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# TDS on Rs 1 Lakh Contract Payment

> Calculate the TDS deductible on a Rs 1,00,000 payment to an individual contractor under Section 194C.

Interactive calculator: https://awesomecalcs.com/tds-calculator/100000-contract-payment-tds

Keywords: tds calculator, tds on contract payment, tds 194c

## Scenario inputs

```json
{
  "inputs": {
    "incomeType": "contract",
    "amount": 100000,
    "hasPAN": true,
    "contractorType": "individual"
  }
}
```

## Frequently asked questions

### Does the TDS rate differ for an individual contractor versus a company?

Yes, under Section 194C the rate is lower for payments to an individual or Hindu Undivided Family contractor compared to payments made to a company or other entity, so the contractor type changes the amount deducted.