Tds on commission
This query is : Resolved
03 January 2017
Dear Sir,
My one Proprietor ship client is audited party. Now he wants to pay commission of Rs. 30000/- to Pvt Ltd co. so TDS is required to pay 5% or 10% on commission. Deductee is Pvt Ltd Co. This 5% rate is also applicable to Pvt Ltd or either 10% required to deduct. Please reply fast.
My one Proprietor ship client is audited party. Now he wants to pay commission of Rs. 30000/- to Pvt Ltd co. so TDS is required to pay 5% or 10% on commission. Deductee is Pvt Ltd Co. This 5% rate is also applicable to Pvt Ltd or either 10% required to deduct. Please reply fast.
03 January 2017
Tds on Commission (194H) is 10% till 31.05.2016 and after 31.05.2016 its reduced to 5%.
Message likes :
1 times
03 January 2017
also for company deductee 5%?
Message likes :
1 times
03 January 2017
yes for company deductee also 5%
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Darpan registration
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
