Tds on commission paid to partners by firm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 February 2015
Hi,
Please provide case laws for TDS on commission paid to partners by a partnership firm, where the ruling was in favour of assessee(i,e; not required to deduct tds).
Please provide case laws for TDS on commission paid to partners by a partnership firm, where the ruling was in favour of assessee(i,e; not required to deduct tds).
09 February 2015
Deduction of TDS is mandatory if commission payment to individual partner exceeds threshold limit Rs.5000.Hence you cannot get any case law as you required
Deduction of TDS not applicable only on partner salary.
Deduction of TDS not applicable only on partner salary.
10 February 2015
TDS TO BE DEDUCTED ON COMMISSION IF AMOUNT IS EXCEEDS RS. 5000/-IN YEAR.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
