Dear Sir,
I run the proprietory business.I have to pay commission to the broker as brokerage do i need to cut / deduct the TDS.The total brokrage to be paid to is less then 15 thousand.Is there any option to skip the Tax Deduction at source.also what is the applicability in the above scenario
No deduction shall be made u/s 194H (Brokerage) in a case where the amount or the aggregate amounts of such income to be credited or paid during the financial year does not exceed INR 15,000.
CAclubindia
