Is TDS Deductable on payment made to BSE/NSE
This query is : Resolved
Sushant Panigrahi
(Querist)
24 March 2008
Does we are required to deduct TDS if we make payment to governement bodies like NSDL/CSDL/BSE/NSE towards license fees or processing fees etc.
25 March 2008
NO TDS IS DEDUCTIBLE ON PAYMENTS MADE TO STATUTORY BODIES OR GOVT OR BANKS OR RBI OR A LOCAL AUTHORITY.
R.V.RAO
R.V.RAO
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