Annual custodial fee

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Querist : Anonymous

Querist : Anonymous (Querist)

27 April 2011 Will Annual custodial fee to CSDL attrat TDS u/s 194J

CA MANOJ GUPTA

CA MANOJ GUPTA (Expert)
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28 April 2011 iN THE FOLLOWING CASES IT WAS HELD THAT TRANSACTION FEE PAID TO ST EXCHANGES IS NOT LIABLE TO TDS U/S 194j
Kotak Securities Ltd. v. Addl. CIT (2009) 25 (II) ITCL 385 (Mum ‘A’-Trib)
Dy. CIT v. Angel Broking Ltd. (2010) 33 (II) ITCL 77 (Mum ‘A’-Trib)
Dy. CIT v. Sonal Shares & Stock Brokers (P) Ltd. (2010) 35 (II) ITCL 137 (Mum ‘E’-Trib)
gOING BY THE SAME ANALOGY IT CAN BE SIAD THAT NO TDS IS PAYABLE IN RESPECT OF TRANSACTIONS REFFERRED BY U

CA MANOJ GUPTA
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Querist : Anonymous

Querist : Anonymous (Querist)

06 May 2011 thanks a lot Mr.Manoj

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