TDS on Commission ?

This query is : Resolved

Mukund Patel (Querist)
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01 December 2010 We paid amount of Rs.60285 as a wages of labour and Rs. 6029 as a commission for labour supplier. Total bill paid to labour supplier is Rs.66285.

For that we duduct tax @2% on whole amount. Is this treatment is right? What is treatment for TDS on commission in this case ?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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01 December 2010 Correct Treatment.
TDS to be deducted u/s 194C.
Rate of TDS:
Individual/HUF @1%
Others @ 2%
If PAN not given 20%.
(Deduction is subject to Threshold limits)

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