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    subudev777's Avatar
    subudev777 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Apr 3, 2011, 08:19 PM
    India taxation
    Sir/Ma'am
    This is regarding commission income which comes form sub agent in my account. We are in to car loan finance business now one sub-agent done some business in my DSA code with NBFC, Now I have received that income amount after deduction of TDS in my account. If I want to release that payment to sub-agent do I need to charge 35% of my company tax or do I need to deduct 10% of his TDS by providing TDS certificate,Also He is providing me service tax number so can I deduct service tax or not need help that how much deduction I can do legally
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Apr 14, 2011, 02:44 PM
    This posting deals with indian tax issues.

    This forum deals EXCLUSIVELY with U.S. tax matters.

    Try posting the question on http://mytaxes.in/
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