Menu
Tds on commission
Do i need to deduct TDS on commission invoices received per month of Rs. 1500 / each. Please advise.
Replies (4)
please mention section , 194D , 194G or 194H of Income Tax act 1961 for commission received .
If Aggregate of Payments to a Person exceeds Rs.15,000 then you required to deduct TDS @ 5%.
Section 194H, Prasad sir and Thank you Animesh sir.
For 194 H commission Threshold. limit is 15000/- @ 5% as chowdhary sir mentioned .
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
