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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

TDS u/s 194H - SIM cards and recharge coupons were sold in cash. ...

Income Tax

August 11, 2017

TDS u/s 194H - SIM cards and recharge coupons were sold in cash. The customers and shopkeepers were offered discount on the face value of the SIM cards. Apropos the recharge coupons, on the other hand, a small margin was kept by the assessee out of the commission/discount offered by BSNL - No TDS liability.

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