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Tds rates revision implication w.e.f 1.6.16

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24 May 2016 Sir

W.e.f 1.6.16 tds rates on commission is being reduced from 10% to 5%.

We pay commission on sales to our agents. For May months bill is received in June. Now if the bill of May sales is received in June' 2016 then tds will be deducted on 10% or 5%

Also confirm the tds rate of 5% on commission being paid on sales of our product

Regards
Dheeraj Kumar

24 May 2016 its better to deduct the tds rate applicable in may.



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