Payment made to Gateway providers are not Brokerage, TDS u/s 194H of Income Tax Act not Applicable: ITAT [Read Order]

Payment made to Gateway providers - Brokerage - TDS - Income Tax Act - ITAT -Payment - taxscan

The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) held that the payments made to gateway providers are not brokerage and TDS under Section 194H of the Income Tax Act,1961 is not liable to be deducted. The assessee M/s. Knowledge Hut Solutions Pvt. Ltd filed its return of income for Assessment Year (A.Y) 2018-19  declaring…

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