banner_ad

TDS on prize giver to wholesaler/ distributor

This query is : Resolved 

27 November 2019 Hi,

This query is regarding a company, which runs a contest for their wholesaler with respect to visibility of their product, quantity available, etc.

Channel is as follows:
1. Let say company A ask company B to manufacture on their behalf.
2. Company B directly send goods to Distributor
3. Distributor sell it to wholesaler and wholesaler to retailer.
4. Now, competition is for wholesaler.
5. 10 out of 100 wholesaler won on above criteria.
6. all got motor bikes costing 60k each.
7. Does TDS provision is applicable here?
8. Does TDS must be collected from wholesaler before handing over the motor bike ?

Please help me with this query.

27 November 2019 Treat it as business incentive no TDS applicable.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details