Tds
This query is : Resolved
DURGESH KUMAR GUPTA
(Querist)
06 June 2015
A Broker received a commission after deduction of TDS by builder.
After receiving commission he (broker) a part of commission pass on to their client (who purchase the apartment).
My question is that, should Broker deduct TDS on amount which is pass on to their client ?
If yes, then in which section TDS should be deducted 194C, or 194H.
a contract between client and broker is made that, after receiveing Brokerage commission, a part of commission will be given to client.
After receiving commission he (broker) a part of commission pass on to their client (who purchase the apartment).
My question is that, should Broker deduct TDS on amount which is pass on to their client ?
If yes, then in which section TDS should be deducted 194C, or 194H.
a contract between client and broker is made that, after receiveing Brokerage commission, a part of commission will be given to client.
JUGAL PATEL
(Expert)
06 June 2015
The nature of payment is also commission so it will be deducted u/s 194H
Message likes :
1 times
kamal p keswani
(Expert)
08 June 2015
It can similar to sub-agent commission payment and tds u/s 194H will be applicable.
Message likes :
1 times
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- MSME disclosure and disallowance
- Issuing of delivery challan by seller of goods
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
