Gift to customer
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 November 2015
Dear experts,
Company has given gift to it's debtors in following mode,
(1) rs. 6000 gift item given to some debtors,
(2) Rs. 6000 credited in some deboters accounts as diwali gift,
Plz clarify weather TDS will be deduct on both above stated point or not if yes how much,
Regard
Nadeem
Company has given gift to it's debtors in following mode,
(1) rs. 6000 gift item given to some debtors,
(2) Rs. 6000 credited in some deboters accounts as diwali gift,
Plz clarify weather TDS will be deduct on both above stated point or not if yes how much,
Regard
Nadeem
CA Kumar Mukesh
(Expert)
05 November 2015
As Company can give gifts to its customers as business promotion activities....
and there is no provision of TDS on GIFTs ...
Thank You ...
and there is no provision of TDS on GIFTs ...
Thank You ...
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