diff --git a/changelogs/fragments/3199-tss-lookup-plugin-bugfix-for-backwards-compatibility.yml b/changelogs/fragments/3199-tss-lookup-plugin-bugfix-for-backwards-compatibility.yml
new file mode 100644
index 0000000000..3909286487
--- /dev/null
+++ b/changelogs/fragments/3199-tss-lookup-plugin-bugfix-for-backwards-compatibility.yml
@@ -0,0 +1,3 @@
+bugfixes:
+  - tss lookup plugin - fixed backwards compatibility issue with ``python-tss-sdk`` version <=0.0.5
+    (https://github.com/ansible-collections/community.general/issues/3192, https://github.com/ansible-collections/community.general/pull/3199).
diff --git a/plugins/lookup/tss.py b/plugins/lookup/tss.py
index d5e6ea6dcd..65f8b114f6 100644
--- a/plugins/lookup/tss.py
+++ b/plugins/lookup/tss.py
@@ -118,15 +118,23 @@ from ansible.errors import AnsibleError, AnsibleOptionsError
 sdk_is_missing = False
 
 try:
-    from thycotic import __version__ as sdk_version
-    from thycotic.secrets.server import (
-        SecretServer,
-        SecretServerError,
-        PasswordGrantAuthorizer,
-    )
+    from thycotic.secrets.server import SecretServer, SecretServerError
 except ImportError:
     sdk_is_missing = True
 
+# Added for backwards compatability - See issue #3192
+# https://github.com/ansible-collections/community.general/issues/3192
+try:
+    from thycotic import __version__ as sdk_version
+except ImportError:
+    sdk_version = "0.0.5"
+
+try:
+    from thycotic.secrets.server import PasswordGrantAuthorizer
+    sdK_version_below_v1 = False
+except ImportError:
+    sdK_version_below_v1 = True
+
 from ansible.utils.display import Display
 from ansible.plugins.lookup import LookupBase
 
@@ -138,9 +146,13 @@ class LookupModule(LookupBase):
     @staticmethod
     def Client(server_parameters):
 
-        if LooseVersion(sdk_version) < LooseVersion('1.0.0'):
+        if LooseVersion(sdk_version) < LooseVersion('1.0.0') or sdK_version_below_v1:
             return SecretServer(**server_parameters)
         else:
+            # The Password Authorizer became available in v1.0.0 and beyond.
+            # Import only if sdk_version requires it.
+            # from thycotic.secrets.server import PasswordGrantAuthorizer
+
             authorizer = PasswordGrantAuthorizer(
                 server_parameters["base_url"],
                 server_parameters["username"],