TDS DEDUCTION MATTER

I  am in Account Section working With Shares & Stock Concern.

 

My querry is if  Subbrokerage received from Main Broker then whether TDS will be deducted on that Income

Because as far as my knowledger, service Tax will be applicable on the same. But TDS on Subbrokerage, i

want clerification

Thanks

Manoj Asher

 

 

Replies (1)

 

Dear Sir.,
                  Our Company M/s Wisec Global Ltd., is the vender of NICSI (National Informatics Center Services Incs) we are providing the manpower support to there clients under the contractual basis, NICSI is Deduct the 11% DTS on our Bill, kindly sages us how could we request to NICSI for necessary exemption in TDS., under the which Act,
 
Thanks with regard
 
Guru Pal Singh
 
For WISEC GLOBAL LTD

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