Payment to M/s. TQ Services ruled as profit sharing, not commission; Section 194H TDS rules inapplicable.
X X X X Extracts X X X X
X X X X Extracts X X X X
....TDS u/s 194H - non deduction of tds on commission payment - the payment made by the assessee to M/s.TQ Services is, in no way, commission payment, but, is, in fact, a sharing of profit and consequently, the provisions of Section 194H of the Act did not apply.....


TaxTMI