Tax implications on brokerage

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)
Quick Summary
This discussion explores the tax implications of paying brokerage fees when selling a property. It covers how much brokerage can be paid in cash without receipts to benefit from capital gains tax. The conversation also addresses when GST and TDS apply for payments made by cheque, particularly when the broker is an individual. The tax treatment of brokerage as commission is also mentioned.

  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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