we sell goods online and received payment through payment gateway such as PayU and PayPal.
PayU and PayPal deduct some percentage as fees and remit the balance amount.
whether TDS is to be deducted in above case?
If yes den under 194h or 194c?
Menu
TDS on payment gateway charge
Replies (4)
I think 194H will be applicable
As it is in nature of commission, in my view is you have to deduct TDS as per 194H.
If it is in the nature of commission then yes tds should be deducted under 194H.
Go for 194C. there you have lower rate of tds.
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
