08 June 2010
I HAVE A PROPRIETORSHIP COMPANY WHICH DEALING SENDING COMMISSION TO THIRD PARTIES BY CHEQUE. AND MY COMPANY TURNOVER IS BELOW 40 LACS. I HAVE REGISTERED MY COMPANY FOR SERVICE TAX.
KINDLY LET US KNOW WHETHER I HAVE TO DEDUCT TDS FOR COMMISSION OR NOT. WHERE AS I AM PAYING TDS TO MY PRINCIPAL COMPANY.