TDS on Commisiion

 Dear All,

I am working on Over riding commission(ORC)  basis. My principles are deducting 10% of commission as TDS.

is it correct ? 

Please clarify. Thanks in advance.

 

Replies (10)

Yup, i think its the standard rate....

Yes it right

yes it is correct...:)


YA       THIS IS COREECT..........................

When commission paid more than Rs.2500/- tds should be deducted @ 10%  for the year.

yes, correct

 Yes, It is correct

YES, IT IS CORRECT

the nature is of commission. so it is correct.

 

Yes It is correct...

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