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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

TDS u/s 194H - credit card commission expenses - payments to ...


Payments to banks for credit card facilities are bank charges, not commissions, exempting them from TDS u/s 194H.

October 1, 2018

Case Laws     Income Tax     AT

TDS u/s 194H - credit card commission expenses - payments to banks on account of utilization of credit card facilities would be in the nature of bank charge and not in the nature of commission within the meaning of sec. l94H.

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