https://www.taxtmi.com/forum/issue?id=1504 Withholding tax liability on dealer incentives depends on their legal character: payments characterized as brokerage or commission are subject to TDS, whereas incentives or reimbursements that effectively function as trade discount and reduce the dealer's purchase consideration do not ordinarily attract withholding; characterization should follow substance over label, particularly where dealers act as independent distributors. en-us Wed, 16 Sep 2009 19:08:26 +0530 Thu, 23 Jan 2025 15:58:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1504 Withholding tax liability on dealer incentives depends on their legal character: payments characterized as brokerage or commission are subject to TDS, whereas incentives or reimbursements that effectively function as trade discount and reduce the dealer's purchase consideration do not ordinarily attract withholding; characterization should follow substance over label, particularly where dealers act as independent distributors. Discussion-Forum Income Tax Wed, 16 Sep 2009 19:08:26 +0530 https://www.taxtmi.com/forum/issue?id=1504