Thursday, January 10, 2019

Bank guarantee commission not liable to sec. 194H TDS: Bombay HC

IT: Bank guarantee commission is not in nature of commission paid to an agent but it is in nature of bank charges for providing one of banking service and, thus, while making payment of bank guarantee commission, requirement of deduction of tax at source under section 194H would not arise

from www.taxmann.com Latest Case Laws http://bit.ly/2H5aXiL
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