Any one please suggest me on the following issue..!!
There is one Manufacturing company which gave dealership to some of the dealers to sell it's products.
For dealers, for settingup their infrastructure and everything to run their dealership, company is making provision in the form of Dealer Development Fund.
Whenever dealers incurring any capital expenditure for their infrastructure facilities, company is reimbursing 50% of the amount spent to that dealers.
Whether TDS should be made on that reimbursement amount by the company or not...?
CAclubindia
