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2011 (2) TMI 42 - ITAT, VISAKHAPATNAM
TDS - Trade Discount - According to the assessee, amount of discount offered to such customers are directly reduced from the bill amount and the said persons are also paying only the net amount - discounts offered by the company are in the nature of “Trade Discount”, in which case the question of deduction of tax at source u/s 194H does not arise - no liability for the assessee to deduct tax at source on such discount payments under section 194H of the Act - appeals of the revenue, dismissed