what is the rate of tds on commission ????????
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rate of tds on commission
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Rate for TDS on commission u/s 194H is 10.3% for payments upto Rs.10 Lakhs to individuals and and upto Rs.1 crore to companeis and firms 11.33% if the payments to Companies and firms exceed Rs.1 crore and for individuals exceed Rs.10 Lakhs.
No TDS is required to be deducted for payments up to Rs.2,500/- for the year.
Company where total payment upto Rs.1 crore-10.3%.
Company where total payment exceeds Rs.1 crore-11.33%
In the case of payment in advace excess of Rs 20000 for official purpose is attract 40A(3) or not
| When company gives advance it will not show as expendeture, so Sec40A(3) will not attract. If the company recovers that advance, then also this section will not attract. But After some time if the company shows it as expendeture, then Sec 40A(3) will apply. | ||
| Originally posted by :naman maheshwari | ||
| "DEAR SIR, PLEASE SEND ME THE TDS RATE CHART FOR THE ASSESSMENT YEAR 2009-10 | " | |
Hi guys,
I am enclosing TDS chart. Please find the same.
Hi
can u sent me TDS rate chart on my mail id .
hi,
Can you please sent me TDS chart on my mail id i could not able to reach page number 33.
Regards
kheema Nand
| Originally posted by :naman maheshwari | ||
| " | what is the rate of tds on commission ???????? | " |
The rate of TDS u/s 194H is 10.3% or 11.33%
find the attached TDS file for AY 2008-2009 & 2009-2010.
Surya
it did not come at once, so AY 2008-2009 is here-
| Originally posted by :Surya | ||
| " |
Company where total payment upto Rs.1 crore-10.3%. Is this payment need to cross payer company or recever company |
"
|
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