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Deduction of TDS on IPO & Mutual Fund Commission

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(Querist)
18 January 2010 Does a Share Broking Firm has to deduct TDS on the IPO & Mutual Fund Commission given to its Sub-Broker?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
18 January 2010 Yes. generally they do

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