https://www.taxtmi.com/caselaws?id=775943 The ITAT Chennai held that no TDS under section 194J is applicable on clearing or professional charges paid to the payment system company, as the amounts are auto-deducted electronically by CCIL from members' accounts without direct payment by the appellant. Since CCIL has paid tax on these charges, the appellant cannot be held liable for non-deduction. The tribunal relied on notification 47/2016 and Supreme Court principles allowing retrospective application of beneficial circulars. It was clarified that issuing Form 26A is the deductee's responsibility, not the deductor's. Consequently, the ITAT set aside the lower authorities' order and directed the AO to delete the addition, allowing the appellant's appeal. en-us Fri, 18 Jul 2025 00:00:00 +0530 Sat, 02 Aug 2025 07:24:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775943 The ITAT Chennai held that no TDS under section 194J is applicable on clearing or professional charges paid to the payment system company, as the amounts are auto-deducted electronically by CCIL from members' accounts without direct payment by the appellant. Since CCIL has paid tax on these charges, the appellant cannot be held liable for non-deduction. The tribunal relied on notification 47/2016 and Supreme Court principles allowing retrospective application of beneficial circulars. It was clarified that issuing Form 26A is the deductee's responsibility, not the deductor's. Consequently, the ITAT set aside the lower authorities' order and directed the AO to delete the addition, allowing the appellant's appeal. Case-Laws Income Tax Fri, 18 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775943