DIRECT TAX LAWS & INTERNATIONAL TAXATION (PAPER 7) REGULAR BY CA VINOD GUPTA

Offers Description

Refer & Earn – 

Let’s suppose Student X buys product P. If Product P is eligible for Refer & Earn & a certain % is provided along with other Product’s Description on the Product Page, upon successful purchase of Product, Student X will be assigned a Unique Code let’s suppose Unique Code Name is CASTUDYX01. If in the future, a friend of Student X purchases any product & enters the Unique Code on checkout page provided by CA Study to Student X. Then Student X will be given the % of Net Price of Product Price as commission. The commission % will be calculated on the Price of Product which is being purchased currently by a friend of Student X.  Upon successful Product Purchase by a friend of Student X, the commission amount will be credited to Bank Account or any other mode as applicable to Student X.

Cashback –

The product page will clearly show under Coupon Code Section that whether or not Cashback Scheme is available on a Product. If cashback is applicable, upon successful purchase CA Study will credit the required amount to Student’s Wallet which Student can use to purchase any product from CA Study in future. A unique feature of CA Study’s Wallet is that its amount can be transferred to another student’s account. Therefore, even if a student won’t purchase any Product from CA Study in future. Student can transfer the cashback amount to his/her friend who can use it in purchase of any product from CA Study.