https://www.taxtmi.com/caselaws?id=377338 HC upheld ITAT and ruled for the assessee, deleting additions under section 40(a)(ia) for non-deduction of TDS on payment gateway charges. The court held such charges paid to banks are fees for banking services, not commission under section 194H, and noted the Central Government notification of 31 December 2012 exempting TDS on specified payments to banks listed in the Second Schedule to the RBI Act. Accordingly, no TDS was deductible on the payment gateway/ card transaction charges paid to the banks. en-us Mon, 25 Mar 2019 00:00:00 +0530 Mon, 29 Sep 2025 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377338 HC upheld ITAT and ruled for the assessee, deleting additions under section 40(a)(ia) for non-deduction of TDS on payment gateway charges. The court held such charges paid to banks are fees for banking services, not commission under section 194H, and noted the Central Government notification of 31 December 2012 exempting TDS on specified payments to banks listed in the Second Schedule to the RBI Act. Accordingly, no TDS was deductible on the payment gateway/ card transaction charges paid to the banks. Case-Laws Income Tax Mon, 25 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377338