Tds on pigmy commision
This query is : Resolved
Ganesh Ghimire
(Querist)
02 May 2014
tds on commission paid to pigmy agents deducted in 192B or 194H??
Sandeep Dharar
(Expert)
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?
Nikhil Kaushik
(Expert)
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.
Sandeep Dharar
(Expert)
02 May 2014
Yes its a mistake Commission is liable u/s 194H. Its my mistake. Agree with Nikhil
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
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- TDS on Dashcam rent and allied services
- Royalty payments to the Mining Department for procurement of murum - GST input
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
