Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 January 2012 I am a company, I give discount to customer / distributor through credit note on sale of goods , whether tds is applicable or not on discount amount ?
under which tds section will be applicable.?
Is there any case laws on this? Plz write.
Thanks

26 January 2012 No TDS is required to be made on the discount that you are giving to your customers and distributor...

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 January 2012 Is there any case laws regarding sale of goods and tds on annual discount or achieving target ? Plz provide ?
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Querist : Anonymous

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Querist : Anonymous (Querist)
27 January 2012 Is there any case laws regarding sale of goods and tds on annual discount or achieving target ? Plz provide ?
Thanks

27 January 2012 When there is no provision which attracts the requirement of TDS then...there is no need of any case law to refer out...



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