Tds on commission and brokerage

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
18 October 2013 Dear Sir

One of the clients sells goods to an exporter in Mumbai. The exporter charges an amount in the books of supplier as commission and brokerage. Thus while settling the accounts the payment recieved by client is net of such commission charged by the exporter (i.e. commission recieved by exporter and paid by supplier).

Now my query is, Will TDS be deducted by the supplier(client) on such amount credited ?

18 October 2013 yes on commission TDS is deductiable u/s 194H

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
18 October 2013 If credited amount is Rs.100

what shall be TDS?



18 October 2013 TDS will apply on the total commission amount. if the commission amount is Rs.100 then tds will apply on Rs.100 tds rate is 10%


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details