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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

TDS on credit card charges - Merchant banker making payment ...

Income Tax

January 22, 2013

TDS on credit card charges - Merchant banker making payment after deducting commission from online transactions - these are in the nature of normal bank charges and not in the nature of commission/ brokerage - No TDS - AT

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  9. TDS on VSAT charges - Since the VSAT charges paid do not have any element of income, deducting tax while making such payments do not arise - AT

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