https://www.taxtmi.com/caselaws?id=325842 The SC held that transaction charges paid by members to the Stock Exchange for trading shares do not constitute fees for technical services under s. 9(1)(vii). These charges are payments for facilities routinely provided to all members, lacking exclusivity or specific user request, which is essential for classification as technical services. Consequently, the HC's view that these charges attract TDS under s. 194J was overturned. No TDS is deductible on such payments. en-us Tue, 29 Mar 2016 00:00:00 +0530 Fri, 05 Jun 2026 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325842 The SC held that transaction charges paid by members to the Stock Exchange for trading shares do not constitute fees for technical services under s. 9(1)(vii). These charges are payments for facilities routinely provided to all members, lacking exclusivity or specific user request, which is essential for classification as technical services. Consequently, the HC's view that these charges attract TDS under s. 194J was overturned. No TDS is deductible on such payments. Case-Laws Income Tax Tue, 29 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325842