Tax Deduction at Source
This query is : Resolved
30 March 2009
DEAR SIR,
Our client company is paying a fixed percentage of annual profit to one of his fulltime executive Director as commission apart from the fixed monthly remuneration.
So my question is whether TDS on commission paid is chargeable U/S 192 or U/S 194H
Our client company is paying a fixed percentage of annual profit to one of his fulltime executive Director as commission apart from the fixed monthly remuneration.
So my question is whether TDS on commission paid is chargeable U/S 192 or U/S 194H
30 March 2009
It should be charged under 192 as this is a part of salary compensation and it is paid by way of % of profit.
30 March 2009
I AGREE WITH TUSHAR YERAWAR
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