🇮🇳India

कमीशन पर TDS डिफ़ॉल्ट

2 verified sources

Definition

Sales commissions trigger TDS obligations under Indian tax law; manual processes cause defaults, attracting interest and fines.

Key Findings

  • Financial Impact: ₹200 per month interest + 1.5% penalty on unpaid TDS; ₹5,000-50,000 per assessment
  • Frequency: Quarterly TDS filings (24Q)
  • Root Cause: Manual aggregation of sales data for TDS thresholds

Why This Matters

The Pitch: Apparel retailers in India face ₹10,000+ penalties per TDS default on commissions. Automation of TDS computation eliminates this risk.

Affected Stakeholders

Payroll Accountant, Sales Supervisor

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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