16 August 2010
If a company gives incentives to it's dealer in form of White goods instead of credit to their account, who is having tax liability in that case?
Please keep in view the following points while answering: (a)It's not a gift or lucky draw (b)It can be of any value based on sales done by the dealer (c)White goods includes gold, silver, fridge, LCD, Car etc.
CAclubindia
