Stock broking firm commission
This query is : Resolved
Guest
Guest
(Querist)
11 January 2012
Dear Friends ,
Please help me i Have a Query related to Stock Broking Firm.
I want to know that Stock Broking firm Gives Commission to The Remisers , Authorised Persons & Sub Brokers.
so Who are the Remisers , Authorised Persons & Sub Brokers and they are paid commssion for what....???
and what are the tds consequences in case Commission is paid to aforesaid Persons.
Regards ,
Vivek
Please help me i Have a Query related to Stock Broking Firm.
I want to know that Stock Broking firm Gives Commission to The Remisers , Authorised Persons & Sub Brokers.
so Who are the Remisers , Authorised Persons & Sub Brokers and they are paid commssion for what....???
and what are the tds consequences in case Commission is paid to aforesaid Persons.
Regards ,
Vivek
15 January 2012
These are the persons who solicits business for the Broker or you can say contribute in his business. On commission payable, a broker has to deduct TDS when the amount being credited exceeds Rs. 5000/-.
.
.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Section 50-fixed asset-->building ceases to exist
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
