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Tds rate query

CA Sunil Agarwal (C.A) (368 Points)

23 August 2011  

Can anybody clarify  me if there are two rate for tds one applicable for 3 months and other applicable for 9 months , how we will solve problem using two  different rates of tds .


 3 Replies

SUHAS MITRA (ARTICLE ASSITANT) (54 Points)
Replied 28 August 2011

JUST DEDUCT TDS TO THE PAYMENT MADES UPTO THE DATE OF 3 MONTHS AND REST FOR 9 MONTHS

varahi (STUDENT) (2373 Points)
Replied 29 August 2011

 

"JUST DEDUCT TDS TO THE PAYMENT MADES UPTO THE DATE OF 3 MONTHS AND REST FOR 9 MONTHS"


i don understand this..

nitin suvarna (C.A FINAL) (828 Points)
Replied 29 August 2011

PAYMENTS SHOULD BE DEDUCTED AT THE RATES APPLICABLE FOR THE PERIOD ie. say 2% for first 3 mths &  1 % for the 9mths 


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