TDS threshold for commission payments increased, raising the minimum limit for deduction applicability under section 194H. Amendment to section 194H substitutes the monetary figure in the first proviso, raising the threshold below which tax on commission and brokerage need not be deducted, with this substitution effective from 1st July, 2010.
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TDS threshold for commission payments increased, raising the minimum limit for deduction applicability under section 194H.
Amendment to section 194H substitutes the monetary figure in the first proviso, raising the threshold below which tax on commission and brokerage need not be deducted, with this substitution effective from 1st July, 2010.
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