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Services of mutual fund agent

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(Querist)
08 September 2013 is commission on distribution of UTI mutual.fund products taxable?
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CA Suresh Jain

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CA Suresh Jain (Expert)
08 September 2013 As per notification No. 25/2012 clause 29(c) the Service provided by a mutual fund agent to a mutual fund or asset management Company is exempted.


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