Stock Exchange transaction charges payment by members not for technical services requiring TDS u/s 194J -SC
March 30, 2016
Income Tax, Judgments, Supreme Court
In its latest judgment, the Supreme Court has held that the transaction charges paid to the Bombay Stock Exchange by its members are not for ‘technical services’ and hence no TDS on such payments is deductible under Section 194J of the Income Tax Act 1961. Case Details: Civil Appeal No. 3141 …