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franking charges

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(Querist)
28 May 2011 I would like to know that whether franking charges paid for share transfer is liable to deduct tax at source , if yes then what is the rate to deduct tax at source ?
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Amit Bohra

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Amit Bohra (Expert)
28 May 2011 TDS is not applicalbe on franking charges.
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SOURABH

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SOURABH (Querist)
28 May 2011 thank you for advising.
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