No TDS on Annual Rebates: Credit Notes and Gold Coins Not Considered Commission u/s 194H.

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....TDS u/s 194H - Discount or Commission - credit notes and gold coins offered on annual rebate to selected dealers upon achieving targets - Fixed rebates are generally reduced from the invoice and only net sale consideration is shown in the financial statements. Variable rebates are based on sales quantity or on achievement of sales targets - No TDS liability - AT....