Cut off date of TDS at reduced rates

anonymous (proprietor) (248 Points)

31 March 2021  

Whether the cut off date of TDS deducted at reduced rate is date of payment or financial year. eg. if book entry of 94J done on 31.03.2021 and payment of tds done on 01.04.2021, whether it will be deducted @ 7.5% or 10%.