Menu
Tds on commission
Do i need to deduct TDS on commission invoices received per month of Rs. 1500 / each. Please advise.
Replies (4)
please mention section , 194D , 194G or 194H of Income Tax act 1961 for commission received .
If Aggregate of Payments to a Person exceeds Rs.15,000 then you required to deduct TDS @ 5%.
Section 194H, Prasad sir and Thank you Animesh sir.
For 194 H commission Threshold. limit is 15000/- @ 5% as chowdhary sir mentioned .
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
