TDS for 2020-21

This discussion addresses a common query regarding TDS rates for job work during the 2020-21 financial year. The user mistakenly deducted TDS at the old rate of 1% for May 2020, when the new rate was 0.75%. They are asking if they can average the May and June deductions and pay the balance TDS, or if they should treat the excess payment as a credit. The consensus is to keep the May TDS at 1% and apply the new 0.75% rate to June's deductions, paying any balance under the new challan to avoid complications during quarterly return filing.