Dismissing the appeal of the revenue the Court held that that no TDS provisions under section 194H were attracted on discounts given by assessee-telecommunication company on sale of prepaid SIM cards to distributors.
CIT(TDS) v. Vodafone Cellular Ltd. (2021)131 taxmann.com 191 ( Bom) (HC) Editorial : Notice is issued in SLP filed by the revenue , CIT(TDS) v. Vodafone Cellular Ltd. (2021) 283 Taxman 292 (SC)
S. 194H : Deduction at source – Commission or brokerage – Sale of prepaid SIM cards to distributors – Discounts given by assessee-telecommunication company on sale of prepaid SIM cards to distributors- Not liable to deduct tax at source