banner_ad

Tds

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 March 2014 Dear all,
I am a CFA agent and when i rec. my income they deduct tds u/s 194h and another one is deduct u/s194c both work is same tell me what is diffrence in both (not defination) can we change deduction from 194h to 194c,?

Thanks in Advance
Profile Image

CA Devanand Jethanandani

Profile Image

CA Devanand Jethanandani (Expert)
22 March 2014 Hi Surinder,

Section 194H is for TDS on commission / brokerage (the rate of TDS is 10% under this section)

While section 194C is for TDS on Contract payment (rate of TDS under this section is 2% if payment is made to individual or huf and 1% if payment is made to other than individual / huf)

If you are not charging either commission or brokerage then you can ask party to deduct TDS u/s 194C.


Regards,
Devanand
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details