TDS Rate Chart for AY 2020-21 and AY 2021-22

• April 9, 2020
• CA Chandan Agarwal's Office

TDS Rate Chart For Financial year 2019-20 and Financial year 2020-21

Finance Minister has presented Union Finance Budget on 01^st February 2020. Vide the Budget FM has made various changes in TDS provisions and Introduces two New TDS Sections i.e. Section 194K and Section 194O which provides TDS on Mutual Fund Income and TDS on E-Commerce Transactions. There were also changes in few existing sections of TDS which includes amendment in Section 194J by which TDS on Technical Services been reduced to 2%. Post these changes some of our readers has asked us to come up with a TDS Chart applicable for Financial Year 2020-21. Hence, here we come up with TDS rate chart for Assessment Year 2020-21 (Financial Year 2019-20) and Assessment Year   2021-22 (Financial Year 2020-21).

TDS Rate Chart For Assessment year 2020-21 and Assessment year 2021-22:

Read more on: https://taxguru.in/income-tax/tds-rate-chart-ay-2020-21-ay-2021-22.html