Tds on commission
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 December 2016
We had paid commission of Rs.8000 to Mr. A during May 16 and deducted TDS u/s 194H @ 10%. Now once again we need to pay commission of Rs. 3000 to Mr. A ie same person in Dec 16. So do we need to deduct TDS @ 5% since he had earlier been liable for TDS u/s 194H. As after 1.6.16, the limit and rate both have changed so please clarify.
24 December 2016
No, You do not require to Deduct TDS as Limit is 15000 and you just paid 8000 and Now 3000 only.
Thanks.
Thanks.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
24 December 2016
Thank you for the guidance
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