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IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW
MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE
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Answer / sunil malik
if u r other den individual or huf den u hve to pay 10% tds, and pan card is required otherwise 20% tax will b deducted
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / rajashekar
Irrespective of the
status of the individual
you have to deduct
10% of tds on
commission if it
crosses the limit of Rs
5000 pa,provided if he
furnishes Pan number
otherwise 20% of tds
should be deducted..
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / arvind kumar
As per Section 194H Commission amt. should be 5000> for
applicable 10% TDS if you pay to local agent of Rs. 5000 pa.
it's not applicable for TDS
| Is This Answer Correct ? | 1 Yes | 0 No |
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