https://www.taxtmi.com/caselaws?id=294863 The Tribunal upheld the CIT(A)'s decision to disallow Rs. 2.19 crores under section 40(a)(ia) for not deducting TDS on Credit Card commission, citing that such payments to banks for credit card transactions did not qualify as 'commission' under the Income Tax Act. Relying on previous rulings and legal interpretations, the Tribunal dismissed the Assessing Officer's appeal, emphasizing that the disallowance was unsustainable under the Act. en-us Tue, 16 Feb 2016 00:00:00 +0530 Fri, 07 May 2021 08:04:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294863 The Tribunal upheld the CIT(A)'s decision to disallow Rs. 2.19 crores under section 40(a)(ia) for not deducting TDS on Credit Card commission, citing that such payments to banks for credit card transactions did not qualify as 'commission' under the Income Tax Act. Relying on previous rulings and legal interpretations, the Tribunal dismissed the Assessing Officer's appeal, emphasizing that the disallowance was unsustainable under the Act. Case-Laws Income Tax Tue, 16 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294863