Got lower TDS certificate for buying a NRI property with certificate validity till 31 st March 2021 . Can deduct TDS before 31 st March 2021but payments of sale consideration can only be made around 20 Th April 2021. Should I apply for new certificate for FY 21-22 or existing certificate valid till 31st March will work if I deduct TDS before 31st March without crediting sum to seller accounts
TDS deducted but receivable income credited in next financial year
Manish sharma (Consultant ) (1 Points)
24 March 2021