TDS on Comission


This query is : Resolved 

01 July 2009 I wanted to know that what will be the TDS rate on comission
Please note that comission is been paid to the Bank Agents(Pathpedi)So what will be the TDS rate
Please answer urgently

01 July 2009 These kind of payments will be covered u/s 194H "Deduction of tax at source from commission or brokerage". Rate of TDS will be 10% including surchage (if applicable) and 2% EC and 1% SHEC thereon.

01 July 2009 agree with manish


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