TDS lower Rate

Good Day All,

X ltd. submitted Lower Deduction certificate for FY 2019-20 under sec 194C 0.90% till 1 lakh.

During covid-19 pandemic, The TDS Lower Deduction certificate period extended for FY 20-21 till 30th june 2020.

Now, X ltd produced Lower Deduction certificate for FY 2019-20 under sec 194C 0.15% with effect from 30th june 2020 till 10 lakhs.

My doubt is,
Apr-20 to Jun-20, 0.90% TDS had been deducted till 1 lakhs and during these period limit crossed to 1lakh and simultaneously 1.5% TDS deducted for balance amount.

Now (Jul-20), I suppose to deduct 0.15% TDS as per the certificate received for FY 20-21.

So, Apr-20 to Jun-20 whatever percentage i deducted whether it is correct or I need to deduct TDS extra.

please help me..
Replies (1)
Please deduct whichever is lower side. as well get clarifications from your vendors too.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details