TDS on Commission

Naresh (senior accountant) (42 Points)

19 October 2016

Hi, If I am paying commission to an agent, what is the Tds ℅ to be deducted.

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Mahendra (Chartered Accountant) (154 Points)
Replied 19 October 2016

Its 5% U/s 194H (Threshold limit for the year is 15,000).

20% if PAN is not available for the payee.

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CA Pankaj Gupta (CA in Practice) (36 Points)
Replied 19 October 2016

its 5% under section 194H

Naresh (senior accountant) (42 Points)
Replied 10 November 2016

if PAN Is not available, what is the limit for the year?

Mahendra (Chartered Accountant) (154 Points)
Replied 11 November 2016

Limit will be still 15000/-.

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Naresh (senior accountant) (42 Points)
Replied 04 October 2018

Hi Everyone, Can anyone help me with Registration process of NGO(TRUST) . What are the rules and regulations.

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