04 September 2021
Dear sirs/ madam Kindly advise, we are in TDS bracket , purchase made before applicability of TDS ( ie before 01-07-21 some of March 40 lakh & April May 55lakh + ) As per payment terms we are paying now to the Vendor .
Whether TDs would be applicable on payment made? Or no TDS as purchase are prior date .
CAclubindia
