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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

TDS u/s 194H - credit card commission to the banks are in the ...


Credit card commissions to banks are normal charges, not commissions u/s 194H; no tax deduction needed.

February 26, 2016

Case Laws     Income Tax     AT

TDS u/s 194H - credit card commission to the banks are in the nature of normal bank charges and are not in the nature of commission within the meaning of Section 194H, and therefore no tax is required to be deducted at source on the same u/s 194H - AT

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