From 1st January, 2013 - there is NO TDS u/s 197A on the following - TopicsExpress



          

From 1st January, 2013 - there is NO TDS u/s 197A on the following specified payments: (i) bank guarantee commission; (ii) cash management service charges; (iii) depository charges on maintenance of DEMAT accounts; (iv) charges for warehousing services for commodities; (v) underwriting service charges; (vi) clearing charges (MICR charges); (vii) credit card or debit card commission for transaction between the merchant establishment and acquirer bank.
Posted on: Sun, 07 Jul 2013 07:56:10 +0000

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