Reduced TDS Rate

Income Tax press release dated 13th May 2021 reduced the rates of TDS for a period till 31st March 2021.

Is there an extension in the same?

For Q1 of FY 2021-22, what will be the rate of TDS under 194J? 10% or 7.5%?
Replies (4)
Quick Summary
This discussion clarifies the TDS rates following the Income Tax press release of May 2021. The reduced TDS rates were only applicable until 31st March 2021. From 1st April 2021 onwards, normal TDS rates apply, meaning section 194J reverts to 10%. The reduced rate of 7.5% is not applicable for payments made after April 1st, 2021, even if the fee provision was made earlier.

10% TDS
There is no extension...From 01.04.2021 rate of TDS is as as normal rate I e 194J 10% ect...
If make provision of fee as on 31 march 2021 than rate is 7.5 or 10 as payment via done after 01.04.21
In that reduced rate is applicable

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