Tds on trade with online channels
This query is : Resolved
10 June 2014
Sir,
We list our products on websites like flipkart, snapdeal etc. A customer purchases the product and the payment is made to the channels. The channels later on pay us the amount after deducting the commission and service tax. So is it necessary to deduct the TDS on the commission? Also there is a contract between the channels and the company.
We list our products on websites like flipkart, snapdeal etc. A customer purchases the product and the payment is made to the channels. The channels later on pay us the amount after deducting the commission and service tax. So is it necessary to deduct the TDS on the commission? Also there is a contract between the channels and the company.
Guest
Guest
(Expert)
10 June 2014
yes if it is crossing basic exemption limit then tds should be deducted
10 June 2014
Yes if contract is there then TDS should b deducted u/s 194C.
Limit:-
30K - Single Bill
75K - Annual
Rate:-
Ind/HUF - 1%
Others - 2%
Limit:-
30K - Single Bill
75K - Annual
Rate:-
Ind/HUF - 1%
Others - 2%
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Relief u/s Section 89
- Rent lease agreement
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
