09 June 2010
Sir Please explain how? It is simply the renewal fees for use of the software. It is not any technical service not an AMC. How can we deduct TDS u/s194J. Can sec 194I be applied. (Royalty) Regards
09 June 2010
in my personal opinion, one time licence fee for use is a sale , however, if use of the word lump sum in definition of Royalty which is very wide enough to encompass the software license within its ambit, TDS u/s 194J should be done by you at the time of making payment even it is renewal(After the amendment from 13/7/2006 by which Royalty has been included within the provision of section 194J)
CAclubindia
