Tds

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Querist : Anonymous (Querist)
10 September 2013 if a company make contract with broker, then while making payment to broker ,Tds should deduct as per sec.194C or 194H?

10 September 2013 it is nature of service, if you are paying brokerage under contract also will apply 194H 10%

10 September 2013 Any person, not being an individual or HUF whose accounts are not subject to tax audit in the preceding year paying Brokerage should deduct TDS under section 194H @ 10 percent..

However, No TDS
Where Amount of payment in aggregate not exceeding Rs.5000/- during the financial year.



10 September 2013 194 h only



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