Claim of Exemption Limit in case of sub-stock broker

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....laim of Exemption Limit in case of sub-stock broker<br> Query (Issue) Started By: - puneet Dated:- 11-5-2006 Last Reply Date:- 12-5-2006 Service Tax<br>Got 1 Reply<br>Service Tax<br>'X' is sub-stock b....

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....roker not holding any brand name/mark but,the main broker(i.e stock broker) of which 'X' is a sub-stock broker holds TradeMark{like 'RST' DEALING IN SECURITIES SALES N PURCHASES}.Question is whether s....

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....ub-stock broker is entitled to claim exemption of Rs.4Lacs (as sub agent of main broker holding Trademark). Reply By Manju: The Reply: "X" a sub borker engaged in the activity of broking under the Tr....

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....ademark of main broker shall not be entitled to avail the exemption of Rs. 4 Lakhs under notification no. 6/2005.<br> Discussion Forum - Knowledge Sharing ....