Tds on pigmy commision

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Ganesh Ghimire

Ganesh Ghimire (Querist)
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02 May 2014 tds on commission paid to pigmy agents deducted in 192B or 194H??

Sandeep Dharar

Sandeep Dharar (Expert)
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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

Nikhil Kaushik (Expert)
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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.

Sandeep Dharar

Sandeep Dharar (Expert)
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02 May 2014 Yes its a mistake Commission is liable u/s 194H. Its my mistake. Agree with Nikhil

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