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Demystifying Section 68 to 69C of the Income tax Act, 1961
Yes, the company is liable to deduct TDS u/s 194H at 10% if the commission amount or aggregate of commission amount during the financial year is likely to exceed Rs. 5000.
yes, tds will be deducted u/s 194H on payment of such commission.
Yes tanvi,
The partnership firm will receive income as commission after deduction of TDS.....
Agree with all
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