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...
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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