Tds on discount
This query is : Resolved
PRASAD KUMAR .M.G
(Querist)
02 January 2012
DEAR all
whether TDS is deductible on dicount given by airlines to Coustoms house agents along with commisiion. IF yes kindly forward the case law relating to this
whether TDS is deductible on dicount given by airlines to Coustoms house agents along with commisiion. IF yes kindly forward the case law relating to this
02 January 2012
No need of TDS as per Bombay High Court decision in the case of CIT V Qutar Airways (I.T Appeal No.99 of 2009).
PRASAD KUMAR .M.G
(Querist)
02 January 2012
but in case of Vodafone Essar Ltd case revenue held that discount is nothing but commision hence TDS has to be deducted.So which is more correct
03 January 2012
Issue is contentious. I have given only a decision favourable to the assessee.
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