TDS ON BROKERAGE PAYMENT

Thanks. That's helpful and one less for me.

TDS provision not applicable for you hence no need to deduct any tds at brokerage.

Not required to deduct TDS is you were not liable to tax audit in the previous FY. 

Now I am confused. Do I or do I not deduct TDS?

Originally posted by : sabyasachi mukherjee
	Here tax audit cases do not apply.

The audit case is relevant here. 

If the retired CA was liable for audit in the previous FY, he is liable to deduct TDS while paying the brokerage in the current FY. 

When advising a query, it's better to give all the reasons for your answer. 

Originally posted by : Hari Shankar dasgupta
	Now I am confused. Do I or do I not deduct TDS?

Don't be confused. you are not liable to TDS at all.