TDS - payments made to the banks on account of utilization of ...

Credit card payments to banks are bank charges, not commissions, u/s 194H; no TDS deduction needed.

August 10, 2013

Case Laws Income Tax AT

TDS - payments made to the banks on account of utilization of credit card facilities would be in the nature of bank charges and not in the nature of commission within the meaning of section 194H of the Act and hence no TDS is required to be deducted u/s 194 H of the Act - AT

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TDS - payments made to the banks on account of utilization of ...

Credit card payments to banks are bank charges, not commissions, u/s 194H; no TDS deduction needed.

August 10, 2013

Case Laws Income Tax AT

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