https://www.taxtmi.com/caselaws?id=333784 The Tribunal ruled that charges deducted by a bank for credit card transactions are not considered commission under Section 194H of the Income Tax Act, 1961. The bank's role was viewed as facilitating payments on a principal-to-principal basis, not as an agent of the merchant. Therefore, there was no requirement for TDS deduction on these charges. The Tribunal's decision, affirming the CIT (A)'s order, was based on the absence of an agency relationship between the bank and the merchant. The Revenue's appeals were dismissed, and the judgment was delivered on 01-09-2016. en-us Thu, 01 Sep 2016 00:00:00 +0530 Mon, 24 Oct 2016 10:17:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333784 The Tribunal ruled that charges deducted by a bank for credit card transactions are not considered commission under Section 194H of the Income Tax Act, 1961. The bank's role was viewed as facilitating payments on a principal-to-principal basis, not as an agent of the merchant. Therefore, there was no requirement for TDS deduction on these charges. The Tribunal's decision, affirming the CIT (A)'s order, was based on the absence of an agency relationship between the bank and the merchant. The Revenue's appeals were dismissed, and the judgment was delivered on 01-09-2016. Case-Laws Income Tax Thu, 01 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333784