hi, march service bill received in May, so Tds rate charge as per new rate or old.
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Quick Summary
This discussion seeks clarification on whether TDS (Tax Deducted at Source) rates for a service bill received in May should be calculated using old or new rates. The user is particularly interested in understanding the implication of a 25% reduction in TDS from 14 May, specifically whether this applies to bills issued after that date or TDS payments made after May.