Tribunal held that transaction charges paid by members of BSE to BSE are in nature of payments de for facilities provided by Stock Exchange and no TDS on such payments would be deductible under section 194J provision of section 194I is applicable. (AY. 2008-09)
Shivnarayan Nemani Shares & Stock Brokers (P.) Ltd. v. DCIT (2022) 192 ITD 50 (Mum.)(Trib.)
S. 194J : Deduction at source-Fees for professional or technical services-Transaction charges-TDS is deductible under section 194I and not under section 194J [S. 194I]