https://www.taxtmi.com/highlights?id=55910 TDS u/s 194H - Commissioner (Appeals) correctly held that the transaction between the assessee and the stockiest is in the nature of sale. Therefore, there is no need to deduct tax at source under section 194H of the Act on margin allowed to the stockiest as provisions of section 194H of the Act would not be applicable to the margin allowed to the stockiest. - AT en-us Wed, 16 Dec 2020 11:16:00 +0530 Wed, 16 Dec 2020 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55910 TDS u/s 194H - Commissioner (Appeals) correctly held that the transaction between the assessee and the stockiest is in the nature of sale. Therefore, there is no need to deduct tax at source under section 194H of the Act on margin allowed to the stockiest as provisions of section 194H of the Act would not be applicable to the margin allowed to the stockiest. - AT Highlights Income Tax Wed, 16 Dec 2020 11:16:00 +0530 https://www.taxtmi.com/highlights?id=55910