Dear Sir. From 1st April 2021 onwards we need to follow same TDS rates which was before the Covid - 19.
I am confused coz there is no any official announcement on this??
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 06 May 2021
Yes same TDS rate will be applicable but if Transactions are occurred between 14.5.2020 to 31.3.21 then reduced TDS rate will be applicable
Lotus Agrawal
(Practice)
(1361 Points)
Replied 06 May 2021
The announcement for reduced TDS rate was for 14-05-20 to 31-03-21. So, now normal tds rate shall apply. no further announcement is required.
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