https://www.taxtmi.com/caselaws?id=436507 The Tribunal held that the appellant was not obligated to deduct tax at source on commission expenditure as the transactions were on a principal-to-principal basis and the appellant did not credit or pay the income to the payees. Relying on a decision of the Jurisdictional High Court, it was concluded that there was no requirement to deduct tax under section 194H. The appeal was allowed, and the disallowance of commission expenditure was set aside. en-us Wed, 12 Apr 2023 00:00:00 +0530 Thu, 13 Apr 2023 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436507 The Tribunal held that the appellant was not obligated to deduct tax at source on commission expenditure as the transactions were on a principal-to-principal basis and the appellant did not credit or pay the income to the payees. Relying on a decision of the Jurisdictional High Court, it was concluded that there was no requirement to deduct tax under section 194H. The appeal was allowed, and the disallowance of commission expenditure was set aside. Case-Laws Income Tax Wed, 12 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436507