Whether TDS will be deductible on fees remunerated to Arbitrator?
Answers:
You could enjoy given some more details. In my assessment, TDS is deductible on fees to arbitrator as it is professional flurry.
If you are paying fees, to be on safer side, it is better to reduce by TDS.
If you are getting fees, you can claim it in your return of Income. Only entity is that that much amount get locked for some time. It's a part of a set of business.