ITAT Holds Receivables Discounting Charges Not Liable to TDS Under Section 194A:
The ITAT rules receivables discounting is not interest, quashing over ₹9.91 crore TDS demand.
Non-recourse assignment of receivables not equivalent to loan or interest payment.
Meetu Kumari
Jul 9, 2026Premium
ITAT Holds Receivables Discounting Charges Not Liable to TDS Under Section 194A
The ITAT rules receivables discounting is not interest, quashing over ₹9.91 crore TDS demand.
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Meetu Kumari
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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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Jodhpur, Rajasthan, India
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