Relief to Vodafone Idea: No TDS Liability on Discount to Distributors of Prepaid Sim Cards and Recharge Vouchers, rules ITAT [Read Order]

By Taxscan Team - On October 21, 2022 5:56 pm - 2 mins read
Vodafone Idea - TDS Liability - Discount - Sim Cards - Recharge Vouchers - ITAT - Taxscan

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has recently held that no Tax Deducted at Source (TDS) liability arises from discount on prepaid sim cards and recharge vouchers, granting a major relief to Vodafone Idea Ltd.(formerly Idea Cellular Ltd.) The Tribunal comprising Vikas Awasthy and M Balaganesh, on hearing the cross appeals…

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