No TDS u/s 194H on bank charges for credit card payments

Airport Retail P. Ltd. Vs DCIT (ITAT Mumbai) Conclusion: Payments towards bank charges for credit card payments were not liable for TDS under section 194H as the same was not a commission. Held:  Assessee had made payments towards bank charges for credit card payments . AO made the additions as assessee made payment  without deduction of income-tax at source(TDS) u/s 194H by invoking provisions of Section 40(a)(ia). It was held provisions of section 194H were not applicable as the bank made payments to assessee after deducting certain fees and it was not a commission. Thus, no dis allowance ...