No TDS on discount on Sale of Prepaid SIM Card to Distributors

Dickson Electronics Vs ITO (ITAT Amritsar) It is seen, that the judicial view of the various High Courts is divergent regarding the deductibility or otherwise of tax on discount allowed to distributor on sale of prepaid Sim Card. However, there is no decision by the Hon’ble Jurisdictional High Court, either way. That being so, all the cases having been taken into consideration and distinguished therein and the matter having decided in favour of assesse, respectfully following ‘Bharti Air tel Limited (supra), we hold, in accordance therewith, that no tax was liable on the discount allowed b...