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TDS on Bank Gaurantee Commission, Income Tax

Issue Id: - 109756
Dated: 20-1-2016
By:- mukesh sharma

TDS on Bank Gaurantee Commission


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Dear All,

We have issue a bank guarantee to government bodies and bank commission charges pay to bank ₹ 1.50 Lakh approx annualy.

Kindly advice that tds should be deduction or not in u/s 194H.

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