May 2020 for job work new tds is .75%
but we deducted and challan paid for 1% at older rates...
For same deductees we have bills in June2020 also, so shall we average the two month bills and calculate the TDS @ new rates...
and if we pay the balance tds in challan is that okay... at the time of TDS quarterly return filing will there be any problems..
pls guide.
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TDS for 2020-21
Replies (3)
Don't average the rates.
So the challan paid excess for may tds let it be for 1% itself...
June tds whatever comes we hve to pay under new challan
pls correct me if I'm wrong
June tds whatever comes we hve to pay under new challan
pls correct me if I'm wrong
Yes you are right.
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