https://www.desidime.com/comments/permalink/10192516
Tata neu referral reported as INCOME under AIS
- 1516
- 34
-
- Last Comment
I have seen few TATA neu referral rewards in form of both bb gv & neucoins have been reported in AIS as income in particular cases where it has breached 50k mark in my friends circle & few twitter users have also shared the same
Anyone on DD got this kind of LOVE from ITD & how do you want to take up this proposal forward & what's the implications on future referral
Hope to have a insightful healthy discussion on this
Thank you in advance
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
Top Comments
33 Comments
|
13 Dimers
- Sort By
https://www.desidime.com/comments/permalink/10192520
My referral nobody used so far so no problem to me. 
View 1
more reply
https://www.desidime.com/comments/permalink/10192535
Wow that's a new worry ....next is amex /onecard ref I think
https://www.desidime.com/comments/permalink/10192558
₹57778 is neu coins ?
Does that means this is 5% of ₹ 11,55,560
Or approximately 115 referals
Or mix of both. That's strangely shocking.
https://www.desidime.com/comments/permalink/10192564
This guy is like having ref as majority on Twitter he had posted multiple times about his rewards like goodies (choclates -gift items) etc as part of ref.... So based in that i think it's majorly referral
And 5 % shopping would most probably be considered as reward-discount as there is a need to spend to earn that reward whereas in ref it straight ahead
View 8
more replies
https://www.desidime.com/comments/permalink/10192597
Assumption of rewards need to be relooked and if one isn't having much taxable income apart from this he has to go through the whole process to claim -new paper work etc.... As good as money is also debatable
https://www.desidime.com/comments/permalink/10192598
I guess the person can challenge and report as error and classify it as commission income...
https://www.desidime.com/comments/permalink/10192600
Yes that can be done but convincing the taxman and it's headache is much big than tds
View 4
more replies
https://www.desidime.com/comments/permalink/10192738
if TDS is cut it must b come in AIs AND TIS
https://www.desidime.com/comments/permalink/10193688
What is the total referral amount?
Pic not visible from DD app.
https://www.desidime.com/comments/permalink/10195130
hmm i am just wondering is this reporting done because of TATA or HDFC hmmm any idea?
I guess because of TATA it is reported, usually TATA services are bad though:)
but here they (tata) promptly reported 
hmm let me rephrase -> Tata Services are bad but TATA PRODUCTS ARE GOOD
https://www.desidime.com/comments/permalink/10195135
It's the tata digital which is doling out referral benefit on behalf of whoever is paying (hdfc Or tata) so they're bound by tax laws to report & tds is filed on it's books
So TATA digital is tax complaint entity in this case
https://www.desidime.com/comments/permalink/10195191
194R is a recent TDS section, non-monetary perks are required to be reported in TDS returns.
Nothing shocking.
https://www.desidime.com/comments/permalink/10236961
Gujju sarkar hai re baba 
Click here to reply
Reply
@vasanth_ece
@kartikxxx
@abhiram3443
@Watcher
@narayana1dd249
@SinDesi
@DEEPANGEORGE
@abhishek012
@DemonSlayer
@justforcoupon
@third.i.financial.advisors
@Agni007