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2016 (3) TMI 315 - AT - Income TaxTDS u/s.194-H - disallowance u/s 40(a)(ia) of Credit Card Charges - whether the said charges are in the nature of "Commission or brokerage" and payment/credit thereof is liable for TDS? - Held that:- Respectfully following the decision of the co-ordinate Bench of the Mumbai Tribunal in the case of Jet Airways India Ltd. (2014 (9) TMI 650 - ITAT MUMBAI) which is later on again followed by Mumbai Tribunal in the case of Jet Airways India Limited for succeeding assessment year i.e. 2010-11 [2013 (8) TMI 586 - ITAT MUMBAI] whereby it was held that the 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 of the Act, and therefore no tax is required to be deducted at source on the same u/s 194H. We hereby uphold and sustain the orders of the CIT(A) ordering deletion of the addition made by the AO u/s 40(a)(ia) for non-deduction of tax at source u/s 194H - Decided in favour of assessee
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