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Changes in TCS Rates Due to Lockdown

However,Due to Lockdown,Government has temporarily reduced Rate by 25%

hence,TCS Rates is Changed as follows

 

Note - This New Rate is Temporary only if TCS Deducted form 14 May 2020 to 31 Mar 2021

After this old Rate will be applicable

  1. Tax Practical
  2. Practical TDS (Non Salary)

About the Author

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.