Can anybody clarify me if there are two rate for tds one applicable for 3 months and other applicable for 9 months , how we will solve problem using two different rates of tds .
CA Sunil Agarwal (C.A) (368 Points)
23 August 2011Can anybody clarify me if there are two rate for tds one applicable for 3 months and other applicable for 9 months , how we will solve problem using two different rates of tds .
SUHAS MITRA
(ARTICLE ASSITANT)
(54 Points)
Replied 28 August 2011
JUST DEDUCT TDS TO THE PAYMENT MADES UPTO THE DATE OF 3 MONTHS AND REST FOR 9 MONTHS
varahi
(STUDENT)
(2373 Points)
Replied 29 August 2011
"JUST DEDUCT TDS TO THE PAYMENT MADES UPTO THE DATE OF 3 MONTHS AND REST FOR 9 MONTHS"
nitin suvarna
(C.A FINAL)
(828 Points)
Replied 29 August 2011
PAYMENTS SHOULD BE DEDUCTED AT THE RATES APPLICABLE FOR THE PERIOD ie. say 2% for first 3 mths & 1 % for the 9mths