Uniform trade discounts on defective products do not attract TDS under Section 194C/194J, and PF/ESI deposit timelines require factual verification.
Uniform trade discounts on defective products do not attract TDS under Section 194C/194J, and PF/ESI deposit timelines require factual verification. Issue Applicability of TDS on Trade Discounts (Section 194C / 194J vs. Section 40(a)(ia)): Whether a uniform 30% discount granted via credit notes to distributors for defective products constitutes payment for repair/professional services subject to… Read More »