CA NeWs Beta*: I-T - Whether trade discount is nothing but Commission and same is liable to TDS u/s 194H - NO: High Court

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Tuesday, August 13, 2013

I-T - Whether trade discount is nothing but Commission and same is liable to TDS u/s 194H - NO: High Court

*I-T - Whether trade discount is nothing but Commission and same is liable
to TDS u/s 194H - NO: High Court*
*
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*ALLAHABAD, AUG 06, 2013:* *THE* issues before the Bench are - Whether
trade discount is nothing but Commission and the same is liable to TDS u/s
194H and Whether discount offered to licensed stamp vendors by the State
Government is Commission and TDS obligation arises in such a case. And the
verdict goes in favour of the assessee.

*Read full article at *
http://www.taxindiaonline.com/RC2/inside2.php3?filename=bnews_detail.php3&newsid=18359

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