Monday, January 25, 2021

No TDS u/s 194H on service charges paid to companies for routing transactions of payments

INCOME TAX : Service charges paid by assessee bank to National Financial Switch and Cash Tree for routing transactions of payments made by customers of assessee-bank to acquiring bank would not be liable to TDS deduction under section 194H

from www.taxmann.com Latest Case Laws https://ift.tt/3pfFUC9
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