Dear Sir/Madam,
Can we make TDS on services rendered by National Securities Depository Limited. Service is fees paid for NCD allotment.
Regards
Viswa Mohan.
Viswamohan (Micro Finance) (44 Points)
09 June 2009Dear Sir/Madam,
Can we make TDS on services rendered by National Securities Depository Limited. Service is fees paid for NCD allotment.
Regards
Viswa Mohan.
CA P KARTHIKA
(Chartered Accountant)
(715 Points)
Replied 10 June 2009
Hi Mr. Deepak Mishra!
Can you just clarify under which establshment does NSDL belong i.e. under what act is NSDL got registered?
What form of organisation is it?
Hi Karthika,
Here is what you need to know when looking at tax angle : -
'NSDL' Word is defined under The Depositories Act 1996, The Companies Act 1956, The Securities Contracts (Regulation) Act, 1956, The Securities and Exchange Board of India Act, 1992 and the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996 shall have the same meaning respectively assigned to them under the aforesaid Acts and Regulations.
Feel free to revert for any further clarification.
CA P KARTHIKA
(Chartered Accountant)
(715 Points)
Replied 15 June 2009
Wat type of works are assigned to NSDL ltd?
can u pls explain me Mr.Deepak Mishra?
just explain me the transactions dealt with NSDL?
CA P KARTHIKA
(Chartered Accountant)
(715 Points)
Replied 15 June 2009
Wat type of works are assigned to NSDL ltd?
can u pls explain me Mr.Deepak Mishra?
just explain me the transactions dealt with NSDL?
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