Hi Sir/Madam, Wanted to know whether 25% reduction in TDS rate is applicable on lower TDS deduction certificates issued in current FY20-21?
Replies (2)
Quick Summary
This discussion seeks clarification on whether the 25% reduction in Tax Deducted at Source (TDS) rates is applicable to lower TDS deduction certificates (LDCs) issued during the current financial year, FY20-21. The initial response suggests that this reduction is not applicable to LDCs.