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sale to third party

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18 June 2009 Dear All,

Can anyone suggest me that can I make sale to X and paymnet for that can collect from Y, for the sale made to X and on that account i can give some commission to Y

Please answer, and suggest

18 June 2009 he is a representative of third party as a agent your sales are on behalf of principal if you are liable to tax audit then tds is to be deducted on commissin u/s 194H

18 June 2009 Consideration for sale can always move from third party , there is no problem.....but you have to prove the fact if required by Assessing Officer. Check out for TDS liablity on commission payement .


19 June 2009 Yes, you can.
This is the prescribed norm in the Yarn Industry.



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