No TDS from fees paid under Security Lending Scheme as payer wasn’t aware of lender's identity

IT: Where under SEBI's Securities Lending Scheme, assessee broker, at time of making payment of borrowing fee to intermediary or prior to it, was unaware of identity and other details of lenders, assessee could not have been fastened with liability of deduction of tax under section 194A

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000181328/no-tds-from-fees-paid-under-security-lending-scheme-as-payer-wasn’t-aware-of-lenders-identity.aspx