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Tds on brokerage

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(Querist)
17 February 2020 Dear Sir,

I have purchased a commercial house property in my individual name and putting the property on rent. I have appointed a broker to whom I have to pay brokerage of Rs 90,000/-. Do I need to deduct TDS on this amount as I don't have a TAN number in my personal name.

Regards,
Divyesh Jain
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 February 2020 TDS applicable if you are liable for tax audit. You need to obtain TAN.
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DIVYESH JAIN

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DIVYESH JAIN (Querist)
18 February 2020 No.. I am not liable for tax audit. But brokerage amount to be paid will be 95000.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 February 2020 No need of TDS on this payment as tax audit not applicable to you.
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dkshahca

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dkshahca (Expert)
18 February 2020 No need to deduct tax
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DIVYESH JAIN

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DIVYESH JAIN (Querist)
18 February 2020 Thanks a lot for the reply
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 February 2020 Welcome.............
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