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Tds query

351 views 2 replies

Hajra

Consultant

46 Points Joined December 2013

is tds to be deducted on payments made to agent who inserts leaflets in newspapers and distributes it for a company? if yes under what section? There is no contract in place with this vendor.

Replies (2)

Tribhuvan Aditya Singh

Student as well as Self-employed

3710 Points Joined September 2007

you could deduct tds u/s 194h of payment exceeds the limit mentioned therein, as such payments can be said to be in the nature of commission.

Hajra

Consultant

46 Points Joined December 2013

But for 194h don't we need to have a principal agent relationship? Is piece rate given for inserting leaflet in papers a commission under purview of 194h?