https://www.taxtmi.com/caselaws?id=761521 Discount allowed to distributors on prepaid mobile services was held not to be commission or brokerage within the meaning of Section 194H of the Income-tax Act, 1961, so no tax was required to be deducted at source on that component. The HC applied the binding Supreme Court ruling that the income or profit element arising from sale or transfer of prepaid coupons or starter-kits to distributors does not create a TDS obligation under Section 194H. The Tribunal's view that the provision was inapplicable was affirmed, and the issue was decided in favour of the assessee. en-us Thu, 07 Nov 2024 00:00:00 +0530 Mon, 11 Nov 2024 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761521 Discount allowed to distributors on prepaid mobile services was held not to be commission or brokerage within the meaning of Section 194H of the Income-tax Act, 1961, so no tax was required to be deducted at source on that component. The HC applied the binding Supreme Court ruling that the income or profit element arising from sale or transfer of prepaid coupons or starter-kits to distributors does not create a TDS obligation under Section 194H. The Tribunal's view that the provision was inapplicable was affirmed, and the issue was decided in favour of the assessee. Case-Laws Income Tax Thu, 07 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761521