TDS on Contractors Bills

This query is : Resolved 

14 October 2009 I want to know that if I receive a contractor ( Individual/HUF) bill for the month of Sept. 09. I received this bill and booked this bill in October,09. Which TDS will be applicable i.e. 2%( Rate applicable up to September) or 1% (rate Applicable from 01.10.2009)


Bhalendra Pal singh

14 October 2009 now you are booking this bill in oct-09 so new rate applicable ie 1%

14 October 2009 I agree with expert.

14 October 2009 Agree with experts

14 October 2009 Thanks to all

Bhalendra Pal Singh


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