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Tds on the payment for referral program

TDS 2001 views 1 replies

Dear All,

Please solve the query regarding the TDS to be deducted on the payment made to any individual other than our employee in referral program. We are recruitment consultancy firm and we are creating a referral program for our service. If someone refers his friend to take our service and the friend gets hired through our service, then we will give Rs. 10,000 to the person who referred his friend. So, how much TDS to be deducted and under which Category for any individual.
 
Also in case of employee , is it comes under comission
Replies (1)

TDS to be deducted u/s 194H(Commission or Brokerage) at 10% for payment of referral incentive to a resident(including employees)
 


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