Tds on mobile & camera gift

This query is : Resolved

anuj (Querist)
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23 July 2013 Respected Members

We are distributing actual mobile headset ( Costing between Rs. 1200/- to Rs. 1600/- ) and digital camera ( Costing between Rs. 3000/- to Rs. 4000/-) to our distributors allover India on achieving certain sale target. Should i consider it as sale promotion or gift or Commission on sale.

We have around 20000 distributors all over India.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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23 July 2013 Treat this as Salse Promotion Exp.

TDS provisions not attracted so TDS not required to be deducted.

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CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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23 July 2013 YES no tds is attracted in the above transactions.

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anuj

anuj (Querist)
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23 July 2013 Thanks Sanjay ji for reply. If we are already deducting TDS on other commission in monetary form of such distributors then still can i treat it as sales promotion?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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23 July 2013 Yes you can. Simply book it under Sales Promotion instead of Commission.

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