Tds on commission paid on high sea sale

[d.v. gupta]

whether commission paid on high sea sale is subject to the provisions of TDS.

AI Summary

Commission on High Sea Sales Attracts TDS Provisions Depending on Payment Location, Clarifies Respondent. A discussion on whether commission paid on high sea sales is subject to TDS provisions received three responses. One respondent criticized the original query for lacking detail and preparation, emphasizing that the forum is for knowledge sharing, not free consultations. Another agreed with this critique. The final respondent clarified that commission paid to an agent for sale or purchase is subject to Income Tax and TDS, depending on whether the payment is made within or outside India, indicating that such transactions do attract TDS provisions.