TMI BlogTds applicability on commissionX X X X Extracts X X X X X X X X Extracts X X X X ..... A partnership firm is paying commission to its partners. The payment of commission is duly authorised by the partnership deed and is allowable u/s 40(b) of the Income Tax Act, 1961 . Pl advice w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hether the firm is liable to deduct TDS U/s 194H on commission paid to partners. - Reply By CA GOPAL JI AGRAWAL - The Reply = Dear Anil Ji, In my view, The commission would also be called as r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... emuneration as per section 40(b) so is not subject to TDS due to lack of employer-employee relationship. - Reply By CA Sachin Agarwal - The Reply = Dear Anil, TDS will not be applicable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on the payment made to Partners. please write email for more clarification [email protected] - Tds applicability on commission - Query Started By: - anil kalia Dated:- 22-2-2009 Income Tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... MI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|