05 April 2018
TDS deduction shall be made under this section in a case where the amount or the aggregate amounts of such Commsiion to be paid during the financial year does exceed INR 15,000 u/s 194H TDS to be deducted @5% from Payment of Commission to Party.
05 April 2018
Section 194H is for income taxdeducted on any income by way of commission or brokerage, by any person responsible for paying to a resident. Individuals and Hindu Undivided Family who were covered under section 44AB are also required to deduct TDS....
It's stated as "Anyway if the Commission or Brokerage"....
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