Home / 
No TDS on Payment Gateway Charges: Exempt u/s 194H Notification for Merchant-Bank Transactions. No Disallowance u/s 40(a)(ia).
X X X X Extracts X X X X
X X X X Extracts X X X X
....TDS on account of payment gateway charges u/s 194H - covered under notification dated 31.12.2012 for non deduction of TDS as “credit card or debit card commission for transaction between the merchant establishment and the acquirer bank” - no disallowance u/s 40(a)(ia)....
TaxTMI