It was held that where a dealer of vehicles is given certain incentives and the vehicles are sold by the assessee to the dealers on principal to principal basis, no TDS under S. 194H of the Act will be applicable. (AY. 2013-14)
Mahindra Two Wheelers Ltd. v. Dy. CIT (2022) 219 TTJ 136 / 218 DTR 210 / 140 taxmann.com 367 (Mum) (Trib)
S. 194H : Deduction at source-Commission or brokerage-Dealer incentive-principal to principal relation-Not liable to deduct tax at source.