LDC is valid for Period 01/08/22 to 31/03/23 We will Consider Invoice Date or Expense date for calculation and deduction of TDS at lower rate. e.g Expense pertain to Jun & July'22 but Invoice raised on 8th Aug'22 should I deduct on Lower rate or not ?
30 September 2022
Depends upon how you book the expenses. If debited earlier to the date specified, then lower rate will not be applicable, as the TDS would be deducted before the specified date.
07 October 2022
LDC is valid for Period 01/08/22 to 31/03/23 We will Consider Invoice Date or Expense date for calculation and deduction of TDS at lower rate. e.g
Expense pertain to Jun & July'22 but Invoice raised on 8th Aug'22 should I deduct on Lower rate or not if I am booking expense in Oct'22 ?
CAclubindia
