https://www.taxtmi.com/caselaws?id=776583 The HC upheld the ITAT's decision allowing the assessee's appeal regarding TDS under section 194H. It was held that payments made by the assessee to the other party were on a principal-to-principal basis and not commission or brokerage, as there was no element of agency involved. The court referenced SC precedent clarifying that mere buying or selling of goods does not constitute agency services attracting TDS under section 194H. Since the Revenue did not challenge the factual findings, the HC found no substantial question of law arising from the ITAT order and dismissed the Revenue's contention. en-us Wed, 06 Aug 2025 00:00:00 +0530 Wed, 13 Aug 2025 07:27:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776583 The HC upheld the ITAT's decision allowing the assessee's appeal regarding TDS under section 194H. It was held that payments made by the assessee to the other party were on a principal-to-principal basis and not commission or brokerage, as there was no element of agency involved. The court referenced SC precedent clarifying that mere buying or selling of goods does not constitute agency services attracting TDS under section 194H. Since the Revenue did not challenge the factual findings, the HC found no substantial question of law arising from the ITAT order and dismissed the Revenue's contention. Case-Laws Income Tax Wed, 06 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776583