https://www.taxtmi.com/caselaws?id=280138 The appeal was filed against the deletion of an addition under section 40(a)(ia) of the Income Tax Act for commission paid to banks on credit card transactions. The CIT(A) ruled in favor of the assessee, stating that the bank charges did not constitute 'commission' under section 194H of the Act. The Tribunal upheld this decision, dismissing the Revenue's appeal. Additionally, the Assessing Officer disallowed an expenditure for not deducting tax at source under section 194H, but the CIT(A) and Tribunal agreed that payments to banks for credit card services were not subject to TDS under section 194H, leading to the dismissal of the Revenue's appeal. en-us Wed, 19 Aug 2015 00:00:00 +0530 Tue, 23 Apr 2019 06:16:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280138 The appeal was filed against the deletion of an addition under section 40(a)(ia) of the Income Tax Act for commission paid to banks on credit card transactions. The CIT(A) ruled in favor of the assessee, stating that the bank charges did not constitute 'commission' under section 194H of the Act. The Tribunal upheld this decision, dismissing the Revenue's appeal. Additionally, the Assessing Officer disallowed an expenditure for not deducting tax at source under section 194H, but the CIT(A) and Tribunal agreed that payments to banks for credit card services were not subject to TDS under section 194H, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Wed, 19 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280138