Is TDS applicable on Transaction charges paid to NCDEX. If yes will it be under sec. 194 J or sec. 194 H
Chinmayee Khale (Senior Associate) (52 Points)
13 July 2015Is TDS applicable on Transaction charges paid to NCDEX. If yes will it be under sec. 194 J or sec. 194 H
B.COM, ACA, DISA Namrata
(None)
(475 Points)
Replied 14 July 2015
Hi, It is S. 194J. You can refer to CIT V Kotak securities Ltd.
https://articles.economictimes.indiatimes.com/2011-11-07/news/30369554_1_transaction-charges-online-trading-levy-tax