gaurav vijay (sr.accountant) (40 Points)
19 January 2010hi friends,
can u tell me about the applicable tds rate in respect of expenses incurred by the co. in or before oct.09 and bill comes in the month of nov.09.
Bimal Thacker
(Proprietor)
(767 Points)
Replied 19 January 2010
The rate in force at the time of - accounting or bill or payment whichever is earlier. If in your case you have not paid before october 2009 and bill is accounted in oct or november then amended rate of TDS will be applicable
CAclubindia
