Tds is applicable on payment gateway deducted by banks

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Dear Sir,

Please suggest TDS u/s 194H is applicable on payment gateway charges deducted by Banks upfront. I know if deducter is agency then it is applicable but in case of banks I don't know we need to dedeuct TDS or not please suggest.

 

Replies (1)

IF bank is NBFC Then TDS is applicale u/s 194 A ( Bank charges/ other Charges/ Interest account)

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