https://www.taxtmi.com/caselaws?id=450260 Section 194-H did not apply to discounts or trading margins in the sale of prepaid starter kits and recharge coupons because the cellular service providers did not pay or credit any commission or brokerage to franchisees or distributors. The franchisees bought prepaid products on their own account, bore commercial risk, fixed resale prices, and earned their own margin in principal-to-principal dealings; branding controls and contractual restrictions did not create agency. On that footing, the arrangement was not a principal-agent relationship under the Contract Act, so no TDS obligation arose. en-us Wed, 28 Feb 2024 00:00:00 +0530 Mon, 11 May 2026 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450260 Section 194-H did not apply to discounts or trading margins in the sale of prepaid starter kits and recharge coupons because the cellular service providers did not pay or credit any commission or brokerage to franchisees or distributors. The franchisees bought prepaid products on their own account, bore commercial risk, fixed resale prices, and earned their own margin in principal-to-principal dealings; branding controls and contractual restrictions did not create agency. On that footing, the arrangement was not a principal-agent relationship under the Contract Act, so no TDS obligation arose. Case-Laws Income Tax Wed, 28 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450260