TDS o Scheme

This query is : Resolved 

04 March 2009 I just want to ask that if we are giving any scheme to dealer like offering the dealer for Europe tour if particular dealer achieves the target of sale the TDS is appliable or not in that case?

04 March 2009 Yes it will be treated as part of commission, you have to deduct TDS @10% + surcharge if applicable + cess

04 March 2009 In my opinion, it depends on the nature of agreement with the dealer. Your scheme seems a kind of business promotion expense by the company. If that is the case, how can you treat the Europe tour, an income of the dealer. Then how the TDS be deducted. What are the views of other members on this issue?




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