Exemption from TDS
This query is : Resolved
26 April 2010
Dear experts
We are paying brokerage to XYZ person for getting rented guest house. The amount of commission is Rs 45000/- & the broker is saying that he is having only the above metioned income & asking to dont deduct a TDS. Also he is not having PAN. So my querry is can we pay him without deducting any TDS amount? If yes, is there any form available like 15g, 15h?
Please help me out.
Regards
Anil
We are paying brokerage to XYZ person for getting rented guest house. The amount of commission is Rs 45000/- & the broker is saying that he is having only the above metioned income & asking to dont deduct a TDS. Also he is not having PAN. So my querry is can we pay him without deducting any TDS amount? If yes, is there any form available like 15g, 15h?
Please help me out.
Regards
Anil
26 April 2010
PLEASE MENTION THE DATE OF SUCH TRANSACTION.
26 April 2010
Brokerage need to be deduct under sec.194H (thereshole limit is Rs.2500) and if he want no deduction, he need to apply to the A.O.with form 13 for tds exemption certificate
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CLOSING STOCK QUERY
- Loss of interest in PF transfer from EPFO to Trust
- Sale of Mutual Funds In Diffirent Financial Years
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Rent claimed on building given on permissive possession basis
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Error in uploading Form 10BD
- Traces submitting correction statement error
- Residential status of non resident
- ITR 44AD SECTION
- DUE DATE FOR ITR FILING
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
