Tds on commission
Sandeep Sharma (Accounts executive) (552 Points)
19 February 2019
Do i need to deduct TDS on commission invoices received per month of Rs. 1500 / each. Please advise.
Sandeep Sharma (Accounts executive) (552 Points)
19 February 2019
prasad Nilugal
( GST Practitioner & Accounts )
(14221 Points)
Replied 19 February 2019
please mention section , 194D , 194G or 194H of Income Tax act 1961 for commission received .
ANIMESH CHOWDHARY
(Practicing CA)
(305 Points)
Replied 19 February 2019
If Aggregate of Payments to a Person exceeds Rs.15,000 then you required to deduct TDS @ 5%.
Sandeep Sharma
(Accounts executive)
(552 Points)
Replied 19 February 2019
prasad Nilugal
(3914 Points)
Replied 19 February 2019
CAclubindia
