TDS Latest
This query is : Resolved
Quick Summary
18 May 2020
Dear Expert,
Please advise we have cold storage bill for april month,storage we have to deduct 1 % tds as per the IT Act
but recently Finance minister change the slab rate due to COVID 19.
Kindly advise which we has to follow for april month bill date ?
Please advise we have cold storage bill for april month,storage we have to deduct 1 % tds as per the IT Act
but recently Finance minister change the slab rate due to COVID 19.
Kindly advise which we has to follow for april month bill date ?
18 May 2020
If you are going to pay it now deduct 0.75% TDS.
18 May 2020
if you have not booked the Bill prior to 14.5.2020 and not paid to party also
then you can deduct as per new rate prescribed by govt.
then you can deduct as per new rate prescribed by govt.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- CLOSING STOCK QUERY
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- Gst reverse charge mechanism to be claimed in the month of payment
- Short Term Gain Reporting ITR
- Error in uploading Form 10BD
- Sale of Mutual Funds In Diffirent Financial Years
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Itr processing refund
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
