This is the case relating to non-deduction of TDS.In case if we have not deducted TDS on RENT PAID , but subsequently we idenfied the non-deduction after 6 months.
During the six month, TDS rate is amended and new TDS rate came into force.
Can we deduct the TDS at the previous rate on the old bill value (onwhich no TDS is deducted) and at a new rate on the current rent payment in one current bill?
Can we do so in reality??
There are a date of applicability of TDS rates. Yopu have to follow the rate of TDS which wal applicable on that day .Please follow the dates and deposit the TDS with Interest at earliest
Yes, New rates r applicable from 1 oct. So on previous bills deduct tax on old rates n deposit the same wiht interest. On new bills deduct at new rates.
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