{"id":39934,"date":"2024-03-16T12:52:05","date_gmt":"2024-03-16T07:22:05","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-spice-jet-ltd-2023457-itr-595-delhihc\/"},"modified":"2024-03-16T12:52:05","modified_gmt":"2024-03-16T07:22:05","slug":"pcit-v-spice-jet-ltd-2023457-itr-595-delhihc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-spice-jet-ltd-2023457-itr-595-delhihc\/","title":{"rendered":"PCIT v. Spice Jet Ltd. (2023)457 ITR 595 (Delhi)(HC)"},"content":{"rendered":"<p>Held that the amount retained by the banks or credit card agencies for rendering credit card processing service would not amount to commission within the ambit of section\u00a0194H\u00a0of the\u00a0Income-tax Act, 1961\u00a0and that the assessee was not required to deduct tax on charges retained by them out of sale consideration of tickets booked through credit or debit cards. (AY.2011-12, 2012-13, 2013-14)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40(a)(ia) : Amounts not deductible-Deduction at source-Credit card processing fees-Not commission-Not liable to deduct tax at source.[S. 194H] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-39934","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ao6","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=39934"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39934\/revisions"}],"predecessor-version":[{"id":39935,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39934\/revisions\/39935"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}