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Brokers commission

This query is : Resolved 

15 February 2012 Sir,
I am writing a/c of an individual who has
sold her flat for 16cr and paid broker Rs.1,43,39,000/-.

Do an individual has to deduct tds on the brokerage amt.

Thanks & Regards
P. Dandekar

15 February 2012 Individuals are not required to deduct TDS on their payment u/s.194H



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