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2019 (2) TMI 650 - HC - Income TaxTDS u/s 194H - payment of Guarantee Commission paid by the Assessee to the Banks - Held that:- The so called bank guarantee commission is not in the nature of commission paid to an agent but it is in the nature of bank charges for providing one of the banking service. The requirement of Section 194H of the Act, therefore, would not arise. No question of law arises. See Commissioner of Income Tax (TDS)-1 Vs. Larsen & Toubro Ltd. [2018 (12) TMI 991 - BOMBAY HIGH COURT].
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