TDS Query
This query is : Resolved
25 May 2011
W.r.t 194 H, when the commission is a % of Sales, I was curious to know whether TDS on the sales figure must be inclusive of the various taxes like CST, VAT etc.
If the commission is on Sales wout taxes, whether that commission can solely be relied upon for TDS calculations?
Thank You
If the commission is on Sales wout taxes, whether that commission can solely be relied upon for TDS calculations?
Thank You
25 May 2011
Yes Commission is to be solely relied upon for calculation of TDS.
You must be receiving a bill for commission you just need to reply on that bill and just deduct TDS u/s 194H on gross bill amount.
You must be receiving a bill for commission you just need to reply on that bill and just deduct TDS u/s 194H on gross bill amount.
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