TDS ON COMMISION TO FOREIGN PARTY

It will fall under section 195 and rate mentioned there will be applicable.

TDS will be deducted u/s 195

 Thanks for the reply.

Could u please confirm me the rate applicable for the commision u/sec 195, as word commision is not mentioned under this section, will it fall under the head other income?

Originally posted by : pooja
	Thanks for the reply. Could u please confirm me the rate applicable for the commision u/sec 195, as word commision is not mentioned under this section, will it fall under the head other income?

 In Section 195 word mentioned is all other sums and thus it will include commission.

 Thanks for the confirmation, Shudhanshu.

Rate of TDS will be 30% + surcharge +Education and higher education cess

TDS on commission is to attracted u/s 195.