Applicability of TDS provision u/s 194H

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....pplicability of TDS provision u/s 194H<br> Query (Issue) Started By: - A RAVINDRA Dated:- 1-1-2009 Last Reply Date:- 8-1-2009 Income Tax<br>Got 1 Reply<br>Income Tax<br>The dealer has provided the opt....

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....ion of credit payment to its customers.Dealer get the proceeds from bank after the deduction of commission at agreed rate on credit card swipings. I would like to know whether TDS provision u/s 194H i....

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....s applicable. Reply By Surender Gupta: The Reply: Explanation (i) of section 194H defines the meaning of commission or brokerage. If the transaction is qualified to be covered by the this explanatio....

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....n, the dealer is required to deduct TDS on commission paid to online payment gateway.<br> Discussion Forum - Knowledge Sharing ....