our company receiving commission income,
in the same we are also paying commission to free lancers of my company,
my question is, TDS deduction under 194H is only enough or
we have to take invoice or entering an agreement with them?
Menu
Is there any agreement or invoice required compulsory to pay Commission to third party
Replies (4)
yes invoice is required. Further GST is also applicable if the turnover of the company is over prescribed limit
thank you
- Invoice will be raise by Your company to who is give commission to Your company
- TDS deduction under 194H is only enough...?
Yes... If he is not registered under GST. If he is registered then Invoice is required.
- TDS deduction under 194H is only enough...?
Yes... If he is not registered under GST. If he is registered then Invoice is required.
You are required to raise invoice for commission and also charge gst @ 18% on it if register in GST.
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
