Tds on brokerage to stock broker

Hey,

Can anyone tell me if TDS u/s 194H is applicable on brokerage paid to Stock Broker (Share as well as Commodities)?

Please its quite urgent

Regards

Shrutika

Replies (1)

yes it is applicable at d rate 10% for both individual/ huf and others , wen brokerage exceeds the limit of Rs.5000

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