Tds on commission
This query is : Resolved
20 July 2012
hi
we have a client how worked for commission and 194c is attracted for TDS 10 perc.
, he can claim sec.80u deduction also .Tds has been dedcuted at 10 perc.my question can he apply for refund for deducted amount (ie 10%) to department.
thanks in advance
we have a client how worked for commission and 194c is attracted for TDS 10 perc.
, he can claim sec.80u deduction also .Tds has been dedcuted at 10 perc.my question can he apply for refund for deducted amount (ie 10%) to department.
thanks in advance
20 July 2012
First of all I would like to mention that section 194H is applicable for TDS on commission.
If the total tax pauyable for the AY is less than the TDS amount, then the assessee can apply for refund.
If the total tax pauyable for the AY is less than the TDS amount, then the assessee can apply for refund.
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20 July 2012
Agreed with Mr Amit
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