query tds
This query is : Resolved
13 March 2017
can we pay commission on sale upto rs 1.5 lakh and above without deduct tds?when sale t.o is over 1 cr
14 March 2017
First of all there is no relationship between TDS and turnover.
As per section 194H of income tax Act if commission paid to one person is more than Rs. 15000, TDS is to be deducted @5%.
As per section 194H of income tax Act if commission paid to one person is more than Rs. 15000, TDS is to be deducted @5%.
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