Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 November 2014 Dear sir,
One of our client made an contract with security services where the security servicer charged commission of Rs.3000 along with the bill amount to be charged, now my doubt is whether we need to detect tds @10% for commission and tds@ 2% for the security services.
In the contract company also agreed to pay commission of Rs.3000.
Or else total bill should be of 2%

Thanks....

Ganeshbabu K

Ganeshbabu K (Expert)
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07 November 2014 If contact agreement also states it as comission i recommend to deduct tds for commission under 194H @10%
.
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actually appropriate word generally would be "agency charges"

so u may deduct and pay@10%