Services of mutual fund agent
This query is : Open
08 September 2013
is commission on distribution of UTI mutual.fund products taxable?
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.
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case
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