Dear Sir,
One of my clients an HUF carrying on business having turnover in excess of Rs 25 crores
a)anounces schemes for its dealers under which they get Motor Cycles/Cars etc on achieving certain
set target of sales.
b) It also sends them on abroad and India Trips
What is its liability of TDS in case and b
In my opinion no TDS is required to be deducted on such schemes.
But commission / brokerage paid to the dealers on the sales actually effected by them are covered u/s.194H
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
