Dear team
Subject: Applicability of TDS for TOD-Turnover Discount
For promoting of sales we give the TOD to custoemr end of the financial year,We have the TOD structure( % calculated on sales value)subject achevmetn of monthly sales certain % accrued based on custoemr sales.Examble A sales to B Rs.100 for 150 MT, A give the 2% TOD on sales after Achieveing of 100MT, company to pay end of the year to A Rs.2
I let me advice to us applicability of TDS and what section.
CAclubindia
