https://www.taxtmi.com/highlights?id=55895 TDS u/s 194H - payment made towards the service charges rendered by M/s. NFS - Even assuming that the transaction was being routed to National Financial Switch and Cash Tree, then also it is pertinent to mention here that the same is a consortium of banks and no commission or brokerage is paid to it. - It does not act as an agent for collecting charges. - provisions of Section 194H of the Act are not attracted to the fact situation of the case. - HC en-us Tue, 15 Dec 2020 19:26:04 +0530 Tue, 15 Dec 2020 19:26:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55895 TDS u/s 194H - payment made towards the service charges rendered by M/s. NFS - Even assuming that the transaction was being routed to National Financial Switch and Cash Tree, then also it is pertinent to mention here that the same is a consortium of banks and no commission or brokerage is paid to it. - It does not act as an agent for collecting charges. - provisions of Section 194H of the Act are not attracted to the fact situation of the case. - HC Highlights Income Tax Tue, 15 Dec 2020 19:26:04 +0530 https://www.taxtmi.com/highlights?id=55895