Tds applicabililty

This query is : Resolved 

04 July 2013 Do we need to deduct Tax on selling expenses (Ex: Commission, brokerage) incurred while transferring a Capital Asset?

Expenditure will be claimed as selling Expenditure under Capital Gains and will not be considered under Profits and Gains of Business or Profession..

Thanks in Advance...

04 July 2013 Yes. commission & brokerage will attract TDS u/s.194H


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