With reduction in tax rates & increasing basic exemption, there should be corresponding reduction in rate of TDS so that there is harmony..
CA. Gurdeep Singh Chawla (C A) (7080 Points)
03 March 2008With reduction in tax rates & increasing basic exemption, there should be corresponding reduction in rate of TDS so that there is harmony..
CA. Kirti S. Ganatra
(Service)
(1461 Points)
Replied 04 March 2008