TDS ON CUSTODIAL FEES PAID TO BSE, ETC

Rama Krishna (Accounts Executive) (70 Points)

13 May 2010  

Dear All,

 

Can anybody please clarifiy whether TDS need to be deducted on the Annual Custodial Fees paid to Bombay Stock Exchange, NSDL, etc.  If yes, under which section.

 

Thanks in advance.

 

K. Rama Krishna