Q. State Government pays commission of Rs.20, 000/- to one of its agent on sale ofLottery Tickets. (Solved)
1. TDS is required to be made @ 5% on any amount paid as commission for sale of lottery tickets
2. TDS is required to be made @ 5% if commission to a single person in a F.Y. exceeds 15,000/-
3. TDS is required to be made @ 5% if commission to a single person in a F.Y. exceeds 30,000/-
4. TDS shall not be deducted as payment is made by State Government
- b. TDS is required to be made @ 5% if commission to a single person in a F.Y. exceeds 15,000/-