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Income Tax - Highlights / Catch Notes

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TDS - payments of demat charges and other charges levied by NSDL ...


High Court Clarifies No TDS Liability on Demat Charges by NSDL and CDSL as Cost Recovery, Not Services.

October 4, 2017

Case Laws     Income Tax     HC

TDS - payments of demat charges and other charges levied by NSDL and CDSL - such charges were in the nature of recovery of cost or expenses at large and not for providing any professional or technical service - No TDS liability - HC

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