06 June 2015
A Broker received a commission after deduction of TDS by builder. After receiving commission he (broker) a part of commission pass on to their client (who purchase the apartment).
My question is that, should Broker deduct TDS on amount which is pass on to their client ?
If yes, then in which section TDS should be deducted 194C, or 194H.
a contract between client and broker is made that, after receiveing Brokerage commission, a part of commission will be given to client.
CAclubindia
