Tax Deducted at Source (TDS) — Your Rights

Source: Income Tax Act, 1961, ss. 192–206AA; Income Tax Rules, 1962, Rule 31A; CBDT Circular No. 4/2008

Written in plain language to promote general understanding. This is educational information, not legal advice. Based on Indian central (Union) law — Constitution of India, central Acts of Parliament, and Supreme Court decisions.

Indian Central Law

What is this right?

TDS is the mechanism by which a payer deducts income tax at source before crediting salary, interest, rent, professional fees, or other payments to the recipient.

  • Right to Form 16/16A: Every TDS deductor must issue Form 16 (for salary) or Form 16A (for other payments) to you annually — Form 16 by 15 June; Form 16A within 15 days of the end of each quarter. Failure to issue Form 16/16A attracts a penalty of ₹100 per day on the deductor.
  • Right to verify deductions via Form 26AS / AIS: All TDS deducted against your PAN is reflected in your Form 26AS (Annual Tax Credit Statement) and Annual Information Statement (AIS) on incometax.gov.in — verify this before filing your ITR.
  • Lower TDS certificate (s. 197): If your total income is likely to be below the taxable threshold, you can apply to the Assessing Officer for a certificate authorising deduction at a lower rate or nil rate.
  • No PAN / Higher TDS (s. 206AA): If you do not provide your PAN to the deductor, TDS is deducted at 20% (or the applicable rate, whichever is higher) — always provide your PAN.
  • Bank FD interest: Banks deduct TDS at 10% if interest exceeds ₹40,000 per year (₹50,000 for senior citizens) — submit Form 15G/15H if your total income is below the taxable limit to avoid TDS.

When does it apply?

  • Your employer or bank has deducted TDS from your salary or interest income.
  • A client or company has deducted TDS on professional fees or contract payments.
  • TDS shows up in Form 26AS but not in Form 16/16A, or vice versa — there is a mismatch.

What should you do?

  • Always provide your PAN to every payer (employer, bank, tenant, client) to ensure TDS is deducted at the correct rate.
  • Submit Form 15G (below 60 years) or Form 15H (60+ years) to your bank at the start of each financial year if your total income is below the taxable limit — this prevents TDS on bank interest.
  • Verify Form 26AS against Form 16/16A — if TDS deducted by the employer is not reflecting, contact your employer to file a correction in their TDS return.
  • If TDS has been deducted and not deposited by the deductor (credit not in Form 26AS), file a complaint on the TRACES portal (tdscpc.gov.in).

What should you NOT do?

  • Do not assume Form 16 is automatically accurate — cross-check every figure against your actual salary slips and investment proofs.
  • Do not submit Form 15G/15H if your income actually exceeds the taxable limit — submitting a false declaration is a punishable offence (s. 277).
  • Do not ignore a mismatch between Form 26AS and your ITR — file a revised return if needed, before the deadline.

You came here to know your rights — help someone else know theirs.

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