Applicability of tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 December 2013
Commission paid by bank to recovery agent(having its recovery agency) for recovery of loan ,then under which head tds should be deducted? ie. 194C or 19H.? Its urgent.
28 December 2013
it is deductible u/s 194c.
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 December 2013
Bank is deducting TDS under 194H.Is it correct?
28 December 2013
It is wrong.
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