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Deduction of tds at highre rate

This query is : Resolved 

24 March 2018 Suppose the company paying the commission / brokerage to the individual. In such case, TDS rate is 5%. Whether TDS can be deducted at higher than 5%. Kindly advise.

24 March 2018 no. TDS needs to be deducted at the rate prescribed under the Act. However, in absence of PAN, the rate would be 20%


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