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TDS lower rates and higher rates of deduction and claim

TDS 490 views 2 replies

Hi

Can someone tell me what is TDS higher or lower rates of deduction?

Give journals where applicable and please provide U/S numbers for reading.

Txs

Replies (2)

Higher Rate - When the specified person didn't provide a Pan ......

Lower Rate - When the specified person produced Lower Deduction Certificate & say that his/her tax liability is reduced.

Wow. That’s? Why didn’t I get a job for such a cheap interview question when I know so many other things managers also don’t know


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