Telcos not liable to deduct TDS on discounts to distributors on SIM cards, recharge vouchers: SC

The issue before the apex court related to the liability of the telecom service providers to deduct TDS under Section 194-H of the Income Tax Act on the amount which, as per the revenue authorities, was a commission payable to an agent by the assessee (telco) under the franchise/distributorship agreement between them.
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