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Slab rate for tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 September 2014 Hi !
My client is life insurer. It pays commission and bonus to insurance agent.
During the year it has paid to an agnet Rs.6000 as commission and Rs.18000 as bonus. It deducted TDS on bonus part however did not deduct TDS on commission part. Reason being slab for TDS deduction in commission is Rs.20000 p.a.
My query is whether we should consider total amount including bonus for deducting TDS on commission or we should only consider the commission amount?

19 September 2014 u need to check the gross amount including bonus for tds applicability.

19 September 2014 Total amount needs to be considered. And TDS should be deducted on total amount.


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