Tds are applicable or not

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 December 2012 Dear Experts,

We are engaged in Retails Business, we are importing goods from China and distributed in local as well as in india. Now we are tie up with the most retails web Like Ebay,Home Shop 18, Naaptol Bazar Etc. they are generating leads and we provide sales and service they are Charging Brokerage on the Product. Normally in online sales they cover the amount from Customer through the credit card, chq,Neft Etc. Example MR. A They Required Some Product. Naaptol Gives Order To Us and we dispatched the material to "A" He give confirmation of delivery. After that Naaptol Co. Remit The amount through "PAISA PAY" But when we received the amount paisa pay charges 3.5% on 1 Transaction of any amount like
Bill Amount 1000/-

Paisa Pay 10/-

Received 990/- in Our Account so what entry passed on Rs.10 in our account and Tds Is Applicable or Nor IF yes than Which Section what %














03 December 2012 TDS @ 10% is required to be deducted u/s 194H.

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 December 2012 Dear Sir,

Thanks For the Reply, it comes under the Brokerage expenses

03 December 2012 Yes it is commission/brokerage expense.


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