TDS on royalties

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Querist : Anonymous (Querist)
03 March 2010 Is TDS on Royalty applicable? if yes then waht is its rate?

03 March 2010 Yes TDS provision are applicable on royalty payment as per Sec 194 J .

Rate of TDS 10%

and if no pan no is provided rate will be 20%

Limit of exmption is 20000 Rs

for more enquiry refer Section 194 J of Income tax Act 1961

03 March 2010 Yes.194J -rate 10%




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