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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Discount allowed to distributors in respect of prepaid cards - ...


Distributors' discounts on prepaid cards exempt from TDS under Income Tax Act Section 194H, not considered commission.

May 2, 2016

Case Laws     Income Tax     AT

Discount allowed to distributors in respect of prepaid cards - section 194H are not applicable - no TDS liability - AT

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  2. TDS u/s 194H - Whether sale of recharge vouchers and prepaid vouchers and prepaid cards to the sole distributors does not establish Principal-Agent relationship liable...

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  6. The amount of discount offered to prepaid distributor was in nature of commission and liable to tax deduction at source under Section 194H - AT

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  8. TDS u/s 194H - trade discount allowed to prepaid distributors - it is evident that the Commissioner of Income Tax (TDS) has in a hurriedly manner without affording...

  9. The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) allowed the appeal and set aside the impugned order. The additional discount of 8-10% given by the...

  10. This case deals with the disallowance of expenditure u/s 14A of the Income Tax Act, which pertains to expenditure incurred in relation to exempt income. The key points...

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  12. TDS u/s 194H - TDS on discount provided by the assessee on the sale of pre-paid talk time / recharge coupons - transaction between the assessee and prepaid distributor...

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