TDS U/s 194H - payment of bank guarantee, brokerage - The ...

Bank Guarantee Commission Not Subject to TDS; No Principal-Agent Relationship u/s 194H of Income Tax Act.

March 1, 2016

Case Laws Income Tax AT

TDS U/s 194H - payment of bank guarantee, brokerage - The relation between the assessee and the bank is not principal and agent, the commission of bank guarantee is not covered by the explanation (i), therefore, no TDS is liable to be deducted - AT

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TDS U/s 194H - payment of bank guarantee, brokerage - The ...

Bank Guarantee Commission Not Subject to TDS; No Principal-Agent Relationship u/s 194H of Income Tax Act.

March 1, 2016

Case Laws Income Tax AT

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