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Income Tax - Highlights / Catch Notes

Home Highlights September 2014 Year 2014 This

Payments made to the banks on account of utilization of credit ...

Case Laws     Income Tax

September 22, 2014

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 no TDS is required to be deducted u/s 194 H - AT

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