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Old 13-03-10   #1
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Default Dealer discount theory??

Gentlemen,
Here I'm putting a few queries before you being a newbie to this line. Hope to get some useful response.

1. How the dealer discount is being disbursed? Is it adjusted with the payment made after the allotment? Or does it come as pure cash back?
2. This cash back is completely from the dealer or the builder has some hand to it?
3. They say the discount is taxable? Can somebody put some light on it? Also whether the tax will be deducted beforehand or once it is received?
4. Usually how much time do they take in refunding?

Thanks in advance,
RB.
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