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Is a partnership firm which is working as c&f liable to receive income as commission from the company after deduction of tds?
Replies (5)
Yes, the company is liable to deduct TDS u/s 194H at 10% if the commission amount or aggregate of commission amount during the financial year is likely to exceed Rs. 5000.
yes, tds will be deducted u/s 194H on payment of such commission.
Yes tanvi,
The partnership firm will receive income as commission after deduction of TDS.....
Agree with all
Yes Tds shall be deducted and net commission income will be received
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