Tds on pigmy commision
This query is : Resolved
02 May 2014
tds on commission paid to pigmy agents deducted in 192B or 194H??
02 May 2014
If it is commission then will attract 194C. But if u can elaborate the details of the above then may b the answers differ. Can u say the whole transaction in details?
02 May 2014
Sandeep since when commission is liable for 194C?
Dear Ganesh,
there is a dispute on this issue. while some deductors deduct under 194H as commission, others deduct under 192B for eg HCBL Bank.
What you need to check is what is the relation between the bank and the pigmy agent.
Dear Ganesh,
there is a dispute on this issue. while some deductors deduct under 194H as commission, others deduct under 192B for eg HCBL Bank.
What you need to check is what is the relation between the bank and the pigmy agent.
02 May 2014
Yes its a mistake Commission is liable u/s 194H. Its my mistake. Agree with Nikhil
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