Dismissing the appeal of the revenue the Court held that  the relationship between the assessee and any other bank was not of agency but that of two independent banks on principal-principal basis. Even assuming that the transaction was being routed to National Financial Switch and Cash Tree, then also it was pertinent to mention that the same was a consortium of banks and no commission or brokerage was paid to it. It did not act as an agent for collecting charges. Hence the provisions of section 194H of the Act were not attracted . ( AY. 2011-12)