What is the maximum amount in an FY which I can pay as sales commission to an agent without deducting any TDS via banking channel?
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Quick Summary
This discussion clarifies the threshold for paying sales commissions without deducting Tax Deducted at Source (TDS) under Section 194H. Generally, the limit is Rs. 15,000 per financial year. However, individuals and Hindu Undivided Families (HUFs) not liable for tax audit (with turnover under Rs. 1 crore) can pay commissions exceeding this amount without deducting TDS.