TDS on Referral Bonus

Income Tax Advance Tax
1

Is tds applicable on referral bonus?

For better clarity, Mr X is a member of an App, and will share the offers/campaign with his friends and family… when the referee completing the action by clicking the link, Mr X will get paid… Mr X can withdrew the earned money…

What we look to understand the TDS applicability on the payment made to Mr X…

2

I have income from Zerodha Rewards and referrals and I have transferred that amount to my bank account under which section itr2 it will be filled?

3

Hi @ShubhamJain

You will need to show this income under IFOS > Any Other > Any Other Sources on Quicko.