Tds on salary and commission
This query is : Resolved
23 February 2012
Hello,
I am a salaried employee of Company A from where i am getting my fixed salary with normal TDS (Section 92B)deduction.
I also get incentives from the same company on the business generated by me.
Shud those Incentives will be considered in Commission for tds deduction (Section 94H) or the same will be clubbed in Salary part only and compute total tds u/s 92B.
Please do revert.
Regards,
Prashant
I am a salaried employee of Company A from where i am getting my fixed salary with normal TDS (Section 92B)deduction.
I also get incentives from the same company on the business generated by me.
Shud those Incentives will be considered in Commission for tds deduction (Section 94H) or the same will be clubbed in Salary part only and compute total tds u/s 92B.
Please do revert.
Regards,
Prashant
26 February 2012
IT WILL BE FORMING PART OF SALARY AND TDS WILL BE DEDUCTED ON THE TOTAL INCOME FROM SALARY PLUS INCENTIVE AND NOT U/S 194 H.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- ITC EXCESS CLAIM + RCM NOT PAID...BOTH FOR FY 2020-21......PAID IN FY 2024-25....EFFECT
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
