194 R of TDS
This query is : Resolved
SHYAM KRISHNAN K
(Querist)
21 November 2022
As part of our sales promotion scheme, we have gifted a TV to our customer valued to Rs.50,000.00 as part of lukky draw. Is that in the ambit of 194 R.
If the same has shown as discount allowed, in that case what is the applicablity of 194 R
If the same has shown as discount allowed, in that case what is the applicablity of 194 R
21 November 2022
Yes, you need to get TDS amount from the customer before handing over TV.
TV not eligible for discount in bill.
TV not eligible for discount in bill.
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