TDS on listing fee paid to stock exchanges
Prashant Rawat (9 Points)
06 January 2020
is tds applicable on annual listing fees paid to stock exchanges by listed companies...?
Prashant Rawat (9 Points)
06 January 2020
CA Arun Tiwari
(Partner)
(5450 Points)
Replied 13 January 2020
Tds on payment of listing fee to stock each. The payment is only fees for obtaining facilities of stock exchange. It is neither a contractual payment (194C) nor professional fees (194J). Hence payment of listing/ membership fees to stock exchange is outside the purview of TDS provisions
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
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