Reverce Tax Calculation  ₹104,908 is the net amount after 2% TDS. Reverse calculation (find the original/gross amount):

Formula:
Gross = Net ÷ (1 − 0.02) = Net ÷ 0.98

Work:
104,908 × 100 = 10,490,800
10,490,800 ÷ 98 = 107,048.9795918367

Results:

  • Gross (before 2% TDS) = ₹107,048.98 (≈ ₹107,048.9796)

  • TDS deducted = Gross − Net = ₹107,048.9796 − ₹104,908 = ₹2,140.98 (≈ ₹2,140.9796)

Rounded to whole rupees (if you prefer): Gross = ₹107,049 and TDS = ₹2,141.

Would you like this shown as a journal entry or in an Excel formula?

Boost your business with umatic

WhatsApp