TDS on Incentive
This query is : Resolved
Anoop kumar
(Querist)
08 January 2011
A person is running authorized service center of Sony India Pvt.Ltd,on the the good performance,in addition to commission sony provided incentive (not as bonus) to his center.AND DEDUCT TDS. whether treatment by company is correct or not.
& WHAT IS RULE OF TDS ON INCENTIVE?
& WHAT IS RULE OF TDS ON INCENTIVE?
09 January 2011
Business incentive is treated as addittional commission. TDS has been correctly deducted.
Anoop kumar
(Querist)
09 January 2011
Sir,Can You Refer Section or Case Law?
10 January 2011
Where incentives to promote sales are given to the distributors or commission agents in cash, they ordinarily require tax deduction at source as commission under Sec. 194H. Hence the treatment by the company is correct.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- SALARY CAN BE CAPITALIZE
- Non filing of I T Returns
- Capitalgain tax purposes for valuation report compulsory
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
