No TDS u/s 194H of Income Tax Act for Expenditure claimed to have been Debited to Profit & Loss Account under head “Commission”: ITAT

By Kalyani B. Nair - On May 5, 2023 11:44 am - 2 mins read

No TDS - TDS - Income Tax Act - Income Tax Act for Expenditure claimed - Expenditure - Expenditure claimed - Debited - Profit & Loss Account under head - Profit & Loss Account - Commission - ITAT - taxscan

The Pune Bench of the Income Tax Appellate Tribunal (ITAT), observed that no Tax Deduction at Source (TDS) deduction under Section 194H of the Income Tax Act, 1961 for expenditure claimed to have been debited to profit and loss account under the head “commission”. The issue involved in the present appeal is whether on the…

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