15 September 2011
After the recent decisions in the case of Vodafone by Kerla high court, Idea cellular by Delhi High court whereby discount given to Distributors was held as Commission and liable for TDS provisions,Whether Commission passsed on by the Distributor to retailers appointed by him is also liabile to TDS deduction.
Please clarify immediately as urgently required in view of Income tax Departments show cause to distributors in view of above said recent decisions
17 September 2011
Without deducting TDS if any payment is made than refund can not claim, it will become your expenditure and do as revenue or capital expenditure on the basis of amount.
CAclubindia
