Applicability of TDS on payment to NSDL or CDSL

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..... Applicability of TDS on payment to NSDL or CDSL
Query (Issue) Started By: - Rupesh Srivastava Dated:- 13-7-2009 Last Reply Date:- 15-7-2009 Income Tax
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Income Tax
Some compa .....

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..... nies 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 .....

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..... 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. Reply By Rama Krishana: The Reply: I don't think this acti .....

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..... vity is subject to any provision of TDS. Reply By HARSHA JOSHI: The Reply: This case law is for Raj. Warehousing, whereas my querry is for HOUSING CO-OPERATIVE SOCIETY. in this case can the exemption .....

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..... be available?
Discussion Forum - Knowledge Sharing .....

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