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Tds applicabililty

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(Querist)
04 July 2013 Do we need to deduct Tax on selling expenses (Ex: Commission, brokerage) incurred while transferring a Capital Asset?

Expenditure will be claimed as selling Expenditure under Capital Gains and will not be considered under Profits and Gains of Business or Profession..

Thanks in Advance...
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
04 July 2013 Yes. commission & brokerage will attract TDS u/s.194H

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