Whether TDS is required to be deducted u/s. 194H of the I. Tax Act, 1961, on Bank Guarantee Commission paid to bank ? Kindly provide the relevant case laws / section to substantiate the same. Thanks
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TDS issue
Replies (3)
Yes according to income tax rule tds will be deduct from commission income.
YES TDS applied................
TDS to be detucted by the Bank.
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