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Applicability of TDS on payment to NSDL or CDSL, Income Tax |
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Applicability of TDS on payment to NSDL or CDSL |
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Some companies have tied up with either NSDL or CSDL for having their shares with them and they act as custodial for the companies shares as depositary. For this service, both NSDL and CSDL charge fees and are paid by the companies. Now the question is whether TDS will apply to this type of payment and if so under which catagory either 194C or 194. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
I don't think this activity is subject to any provision of TDS.
This case law is for Raj. Warehousing, whereas my querry is for HOUSING CO-OPERATIVE SOCIETY.
in this case can the exemption be available?
Page: 1 Old Query - New Comments are closed. |
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