sale to third party
This query is : Resolved
18 June 2009
Dear All,
Can anyone suggest me that can I make sale to X and paymnet for that can collect from Y, for the sale made to X and on that account i can give some commission to Y
Please answer, and suggest
Can anyone suggest me that can I make sale to X and paymnet for that can collect from Y, for the sale made to X and on that account i can give some commission to Y
Please answer, and suggest
18 June 2009
he is a representative of third party as a agent your sales are on behalf of principal if you are liable to tax audit then tds is to be deducted on commissin u/s 194H
18 June 2009
Consideration for sale can always move from third party , there is no problem.....but you have to prove the fact if required by Assessing Officer. Check out for TDS liablity on commission payement .
19 June 2009
Yes, you can.
This is the prescribed norm in the Yarn Industry.
This is the prescribed norm in the Yarn Industry.
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