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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

TDS u/s 194H - the discount offered by the respondent-assessee ...


Court Rules Retailer Discounts Are Sales Promotion Expenses, Not Commission, u/s 194H of Income Tax Act.

November 18, 2016

Case Laws     Income Tax     HC

TDS u/s 194H - the discount offered by the respondent-assessee to the retailers could only be treated as sales promotion expenses, and not as commission, as no services were rendered by the retailers to the respondent-assessee. - HC

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