Dismissing the appeal of the revenue the Court held that ; on trade discount the assessee is not liable to deduct tax at source . ( AY.2008-09)
CIT (TDS) v. OCM India Ltd. (2018) 408 ITR 369 / 305 CTR 971/ 172 DTR 369(P&H) (HC)
S. 194H : Deduction at source – Commission or brokerage – Trade discount -Not liable to deduct tax at source . [ S.201(1), 201(IA) ]