TDS on Commission w.e.f 01.4.2026 as per New Income Tax Rules 2026 Under the Income-tax Act, 2025 (effective from April 1, 2026), the provisions for Tax Deducted at Source (TDS) on commission and brokerage payments have been consolidated under Section 393(1). [ Refer Section 393 Income Tax Act 2025 Tax to be deducted at source.]… Read More »
TDS on Commission or TDS on brokerage Provision regarding TDS on Commission or brokerage is provided in Section 194H of Income tax Act After Finance Act 2016 BUY Salient Features of TDS on Commission or TDS on brokerage Threshold limit for TDS on Commission or TDS on brokerage under Section 194H of Income Tax Act… Read More »
Discount allowed by assessee to its distributors in respect of starter packs and recharge coupons for its prepaid mobile service amounted to payment of commission or brokerage requiring deduction of tax at source under section 194H HIGH COURT OF CALCUTTA Hutchison Telecom East Ltd. v. Commissioner of Income-tax, TDS, Kolkata GIRISH CHANDRA GUPTA AND ARINDAM… Read More »