what is limit for TDS on 194 H commission or brokerage
if it's company
invoice date 31/7/20
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TDS rate on commission
Replies (6)
Quick Summary
Rs 15000/-
TDS deduction rate
3.75% applicable from 14.5.20 to 31.3.21
OK Thanks
U/s 194H_Commission/Brokerage you have to deduct TDS if amount exceed 15,000 in a year at the rate of 5%
As you invoice is as on 31/07/2020 TDS rate applicable to you is 3.75% as it's fall within a date for which relaxation is given by government due to covid 19 situation.
OK Sir Thanks for informing
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