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I intend to know what is the liablity of the Company paying
commission to an individual under section 194H relating
Payment for Commission in terms of obtaining PAN no from
the individual? What is the maximum amount of commission up
to which the same could be relaxed or it is not mandatory.

Question Posted / sanjaya nand


I intend to know what is the liablity of the Company paying commission to an individual under sect..

Answer / manish.panchal

For Current F.Y Limit is 30000.00 p.a.
If Individual is not Having PAN NO. then TDS to be deducted @
20.00% other wise 10.00% once Individual cross 30k.

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