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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

TDS on sales promotion & selling expenses u/s 194H - Only the ...


Credit notes for distributors meeting sales targets are not subject to TDS u/s 194H.

November 3, 2015

Case Laws     Income Tax     AT

TDS on sales promotion & selling expenses u/s 194H - Only the credit notes were provided only to the distributors who have achieved the target which they can redeem at the time of subsequent purchases. So we are of the opinion that the transaction is out of the purview of the TDS provision. - AT

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