https://www.taxtmi.com/caselaws?id=209735 The Tribunal ruled in favor of the appellant, holding that the bank guarantee commission is not subject to TDS under Section 194H as there was no principal-agent relationship. Consequently, interest under Section 201(1A) was deemed inapplicable, and the demands under Sections 201(1) and 201(1A) were quashed. The Tribunal's decision focused on the specific statutory language of Section 194H and the absence of a traditional commission arrangement in the bank guarantee transaction. en-us Fri, 03 Feb 2012 00:00:00 +0530 Wed, 22 May 2013 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209735 The Tribunal ruled in favor of the appellant, holding that the bank guarantee commission is not subject to TDS under Section 194H as there was no principal-agent relationship. Consequently, interest under Section 201(1A) was deemed inapplicable, and the demands under Sections 201(1) and 201(1A) were quashed. The Tribunal's decision focused on the specific statutory language of Section 194H and the absence of a traditional commission arrangement in the bank guarantee transaction. Case-Laws Income Tax Fri, 03 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209735