Tds applicability on commission

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....ds applicability on commission<br> Query (Issue) Started By: - anil kalia Dated:- 22-2-2009 Last Reply Date:- 24-2-2009 Income Tax<br>Got 2 Replies<br>Income Tax<br>A partnership firm is paying commis....

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....sion 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 whether the firm is liable to deduct TDS U/....

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....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 remuneration as per section 40(b) so is not subject t....

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....o TDS due to lack of employer-employee relationship. Reply By CA Sachin Agarwal: The Reply: Dear Anil, TDS will not be applicable on the payment made to Partners. please write email for more clarif....

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