TDS threshold for commission under section 194H raised, changing the exempt limit and withholding applicability. The amendment substitutes in the first proviso of the withholding provision the words "fifteen thousand rupees" with the words "twenty thousand rupees," ... Summary
TDS threshold for commission under section 194H raised, changing the exempt limit and withholding applicability.
The amendment substitutes in the first proviso of the withholding provision the words "fifteen thousand rupees" with the words "twenty thousand rupees," thereby raising the monetary exemption limit that determines when withholding on commission and brokerage payments becomes applicable.
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