Tax implications on brokerage

TDS 207 views 2 replies

I am selling a property. How much brokerage can be paid in cash without receipts to benefit from capital gain.

If paid by cheque, when does gst, TDS etc kick in? Broker is a small time guy to be treated as individual.

Replies (2)
  1. Rs. 10 K
  2.  2% TDS if brokerage over Rs.20K

Brokerage is trated as commision subject to tax while paying to any person


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