About this tool
Estimate a tax-collection-at-source scenario from the transaction category and amounts shown. Review the collection and resulting payment separately before checking the applicable transaction rules and records.
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server.
मुख्य इनपुट और नियंत्रण हिंदी में देखने के लिए ऊपर “🇮🇳 हिंदी में देखें” चुनें। गणना और फ़ाइल प्रोसेसिंग इसी ब्राउज़र टैब में होती है; टूल आपके इनपुट हमारी होस्टिंग पर नहीं भेजता।
Features
- Work with Transaction / Annual Remittance Amount (₹).
- TCS Transaction Category: choose from 206C(1F) — Purchase of Motor Vehicle / Luxury Good > ₹10 Lakh (1% on full value); 206C(1G) — LRS Foreign Remittance (General / Investment — 20% above ₹10L); 206C(1G) — LRS Foreign Education / Medical (Self-Funded — 5% above ₹10L); 206C(1G) — LRS Foreign Education via Sec 80E Bank Loan (0% TCS).
- Review Transaction Amount; TCS Applicable Base; TCS Rate Rule in the result breakdown.
Benefits
- Separate the collection estimate from the transaction value.
- Compare the available transaction-category assumptions.
Who should use this tool?
- People reviewing a transaction estimate.
- Businesses checking a TCS worksheet.
How to use
- Complete the labelled fields for your scenario, including Transaction / Annual Remittance Amount (₹). Use the units shown beside each field.
- Choose TCS Transaction Category to match the situation you want to check.
- Select Calculate / Run Tool and review TCS Payable & Total Cash Outflow and Transaction Amount; TCS Applicable Base.
- Check the assumptions and limitations below. Adjust a value to compare scenarios, then copy or download the result you need.
Try these worked examples
| Scenario | Example inputs | Example result |
|---|---|---|
| ₹15 Lakh Car Purchase u/s 206C(1F) (1% TCS) | TCS Transaction Category: 206C(1F) — Purchase of Motor Vehicle / Luxury Good > ₹10 Lakh (1% on full value)Transaction / Annual Remittance Amount (₹): 1500000 | TCS: ₹15,000 | Total Outflow: ₹15,15,000 |
| ₹18 Lakh LRS Foreign Investment Remittance (20% above ₹10L) | TCS Transaction Category: 206C(1G) — LRS Foreign Remittance (General / Investment — 20% above ₹10L)Transaction / Annual Remittance Amount (₹): 1800000 | TCS: ₹1,60,000 | Total Outflow: ₹19,60,000 |
Reference and processing
Income Tax Department India — Section 206C(1F) & 206C(1G) · Listed applicability: FY 2025-26 / AY 2026-27
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server.
FAQs
Is the collected amount always an extra final tax cost?
The tool estimates collection for the selected scenario. Final tax liability and any available credit or refund depend on the taxpayer’s circumstances and return treatment.
Which inputs do I need for TCS Calculator India (LRS Foreign Remittance, Motor Vehicle & Scrap)?
Use TCS Transaction Category; Transaction / Annual Remittance Amount (₹). The built-in examples show how those fields fit together.
What should I check before using this result?
TCS collected is not a final tax; it appears in Form 26AS/AIS and can be claimed as credit or refund when filing ITR. Check current official rules and your own circumstances before making a filing or financial decision.
What happens to the information I enter?
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server. Tool favourites save only tool IDs in this browser. Sharing sends the tool link, not your working values or files.