TDS Not Applicable On Discounts Given By Telecom Service Provider To The Distributors Of Prepaid SIM Cards: Bombay HC [Read Order]

The Bombay High Court in a significant order, held recently that TDS provisions under section 194H of the Income Tax Act, 1961 are not attracted on discounts given by telecom service provider to the distributors of prepaid SIM cards.Division bench of Justice Ujjal Bhuyan and Justice Milind Jadhav were hearing an appeal filed by the Commissioner of Income Tax, Pune against the order of the...