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of <h1>Section 194H: Non-individual payers must deduct 2% TDS on commissions/brokerage; annual threshold ?20,000 and specified exemptions</h1> Any non-individual or non-HUF payer making commission or brokerage payments to a resident must deduct tax at 2% at credit or payment, whichever is earlier. No deduction is required if the aggregate commission/brokerage paid or credited to the payee in a financial year does not exceed twenty thousand rupees. Individuals or HUFs whose prior-year turnover exceeds prescribed limits are also liable to deduct. Payments by specified telecom companies to their public call office franchisees are exempt. 'Commission or brokerage' excludes professional services and does not cover payments relating to securities; credits to suspense accounts are deemed payment.
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