11 October 2022
Having sold my flat I have to pay 1 pct brokerage to my broker. Do I have to deduct tax on this brokerage before issuing her a cheque or can I pay the whole amount to her? She has said that all taxes and charges will be paid to the Govt by her firm.
11 October 2022
what happens if I have not deducted TDS and sent a cheque to the broker for the full 1 pct brokerage? I can still act as the cheque is in transit. Should reach the broker tom as I am tracking the speed post.
CAclubindia
