tds dedn on commision on purchase
This query is : Resolved
17 September 2009
whether TDS should be deducted on commision on purchase charged in the purchase invoice of goods.Invoice is of commision agent. As freight charged on purchase invoice not liable for TDS deduction,whether same applies to this case.
17 September 2009
no tds required to be deducted provided you account for entire purchase bill under PURCHASE ACCOUNT and credit to the single creditor
17 September 2009
But Sir, bill is of commision agent himself, even though debited to purchase but commision charged is directly his income, so doesnt this case seem different??
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