25 April 2017
1. One of My client liable to deduct tds u/s 19H i.e. TDS On Commission. I want to know the thresold limit is applicable for payment made to one party or for all party to whom payment is made?
2. If payment made partly in may 2016 and partly in march 17 what would be the threshold limit or at which % tds deductible?
3. If Tds deductible for March 2017 and same has been paid after 7th April whether late payment interest is applicable on tds?
25 April 2017
1. Threshold limit is Rs. 15,000 at one time or aggregate during the financial year. To be applied party wise. Rate is 5% plus surcharge in applicable cases.
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