https://www.taxtmi.com/highlights?id=54995 TDS u/s 194H - “payment to Gateways” - Non deduction of tds - the “sale made on the basis of a credit card” is the transaction of the merchant establishment and that the credit company only facilitates the electronic payment for a certain charge and the commission retained by the credit card company is therefore in the nature of normal banking charges and not in the nature of commission/brokerage for acting on behalf of the merchant establishment. - No TDS liability - AT en-us Sat, 03 Oct 2020 15:11:54 +0530 Sat, 03 Oct 2020 15:11:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54995 TDS u/s 194H - “payment to Gateways” - Non deduction of tds - the “sale made on the basis of a credit card” is the transaction of the merchant establishment and that the credit company only facilitates the electronic payment for a certain charge and the commission retained by the credit card company is therefore in the nature of normal banking charges and not in the nature of commission/brokerage for acting on behalf of the merchant establishment. - No TDS liability - AT Highlights Income Tax Sat, 03 Oct 2020 15:11:54 +0530 https://www.taxtmi.com/highlights?id=54995