Poonawalla fincorp
Poonawalla fincorp

Tds on Bikes and Mobiles Distributed as Gift for Free

This query is : Resolved 
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(Querist)
03 December 2010 Please suggest whether tds is applicable on Free Gifts such as Bikes, LCD, Mobiles etc by a public limited company.

Please reply urgently
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
03 December 2010 If it is in the nature of commission...TDS under section 194H will apply.

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