https://www.taxtmi.com/caselaws?id=755625 Discounts allowed to distributors on pre-paid SIM cards and recharge vouchers were treated as outside the tax-deduction obligation because the issue was covered by the Supreme Court's ruling in Bharti Cellular Limited, which held that section 194H does not apply to the sale or transfer of pre-paid coupons or starter kits and that no deduction is required on the income or profit component paid to distributors or franchisees. On that basis, no liability arose under section 194H and the consequential characterisation of the assessee as in default under section 201 could not be sustained. en-us Mon, 24 Jun 2024 00:00:00 +0530 Mon, 15 Jul 2024 17:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755625 Discounts allowed to distributors on pre-paid SIM cards and recharge vouchers were treated as outside the tax-deduction obligation because the issue was covered by the Supreme Court's ruling in Bharti Cellular Limited, which held that section 194H does not apply to the sale or transfer of pre-paid coupons or starter kits and that no deduction is required on the income or profit component paid to distributors or franchisees. On that basis, no liability arose under section 194H and the consequential characterisation of the assessee as in default under section 201 could not be sustained. Case-Laws Income Tax Mon, 24 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755625