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.
CAclubindia
