Tds on revenue sharing

Amitkumar Verma (Accounts Officer) (34 Points)

08 April 2016  

Sir/Madam,

I am working with BSNL as an A.O. BSNL has agreement with a person, in which, that person arrange new FTTH Connection for BSNL, afterwords, BSNL makes bills for that subscribers as these are called subscribers of BSNL. BSNL shares 20% of revenue with that person. i would like to know that whether 10% TDS is to be deducted from payment made to that person or 1% TDS. whether it comes to definition of Commission or Contract.

Please guide.

Thanks & Regards

Amit Kumar Verma

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