https://www.taxtmi.com/caselaws?id=192023 The Tribunal ruled that the assessee was not liable to deduct tax at source on guarantee commission payments to the bank under section 194H of the Income Tax Act. The decision was based on the precedent set by a previous case, M/s. Kotak Securities Ltd., which established that there was no requirement for TDS deduction in such circumstances. Consequently, the appeal filed by the Revenue was dismissed. en-us Wed, 06 Jan 2016 00:00:00 +0530 Tue, 09 May 2017 20:26:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192023 The Tribunal ruled that the assessee was not liable to deduct tax at source on guarantee commission payments to the bank under section 194H of the Income Tax Act. The decision was based on the precedent set by a previous case, M/s. Kotak Securities Ltd., which established that there was no requirement for TDS deduction in such circumstances. Consequently, the appeal filed by the Revenue was dismissed. Case-Laws Income Tax Wed, 06 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192023