Tds on icici swipe machine commission

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Hi Friends,

Can you please confirm applicablity of TDS on ICICI Swipe machine commission charges.

ICICI banker was deducting their commission and transfering balance amount.

 

Replies (5)
TDS not applicable,

Monthly ICICI Swipe machine commission charges was crossing 1,50,000 per month. 


 

You are not required to deduct TDS on commission paid to Bank

Thank you very much Jatin

Hi Jatin,

Can you please send the notification TDS on commission paid to Bank

 


CCI Pro

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