https://www.taxtmi.com/caselaws?id=9487 Discount allowed by the Treasury to licensed stamp vendors on sale of stamp paper is not commission or brokerage for TDS purposes under section 194H. The vendors purchased stamp paper as independent dealers, not as agents of the Government, and the discount was only a reduction from face value rather than consideration for services rendered. A trade discount between seller and buyer does not attract deduction of tax at source as commission or brokerage. Accordingly, no TDS was payable on the discount. en-us Mon, 20 Jun 2005 00:00:00 +0530 Tue, 23 Jun 2009 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9487 Discount allowed by the Treasury to licensed stamp vendors on sale of stamp paper is not commission or brokerage for TDS purposes under section 194H. The vendors purchased stamp paper as independent dealers, not as agents of the Government, and the discount was only a reduction from face value rather than consideration for services rendered. A trade discount between seller and buyer does not attract deduction of tax at source as commission or brokerage. Accordingly, no TDS was payable on the discount. Case-Laws Income Tax Mon, 20 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9487