Tds on pigmy commission paid by urban co-op. banks

This query is : Resolved 

07 August 2012 TDS ON PIGMY COMMISSION PAID BY URBAN CO-OP. BANKS

Whether pigmi commission paid to pigmi deposit collectors to be treated as salary u/s 192 for TDS or 194H?


07 August 2012 In case the depositors are paid only Commission and ,employer-employee relationship with bank does not exist, then 194H will be applicable on the Commission being paid to them.


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