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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Whether the payment of 'discount' and 'rebate' was subject to ...


Discounts and Rebates Not Subject to TDS as Commission u/s 194H, Indian Income Tax Rules.

November 8, 2013

Case Laws     Income Tax     AT

Whether the payment of 'discount' and 'rebate' was subject to deduction of TDS – There was 'agency agreement' - Certain incentives as given by the assessee did not constitute a ‘commission’; hence, out of the purview of the provisions of Section 194H - AT

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