Gift to Customers

TDS 148 views 1 replies

In Onam Sales Promotional Purpose, We are giving some gifts for Customers. Our Onam Lucky draw Bumper Prize – Car & Bike. We have a doubt in Tax part Against this gift distribution. Pls, give a Clarification on the below-mentioned details:-

 

  1. Who is the Tax Liable person and Which Section is using for this TDS payment?
  2. Section of TDS and Rate?
  3. TDS filing Procedure / Collecting Procedure.
Replies (1)
1. TDS u/s 194B is not applicable as gift is in kind.


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