TDS
This query is : Open
26 May 2009
We have entered into an agreement with London based Company who provided us a software from which we can get the information of the Forex Market of the London. We pay some amount in every month. We deduct tax as per DTAA agreement with UK but now the Company says that Tax is not applicable to them and ask us to remit the full amount without deduction of Tax.
Please advice whether Tax applicable or not.
Please advice whether Tax applicable or not.
28 May 2009
if you are paying user licence fees to londan based co sec 195 will apply and you have to deduct TDS @ 10% Plus sucharge @ 10% on TDS and Education cess @ 3% on TDS AND Surcharge both totalling to 11.33%
01 June 2009
I want to know whether the payment will be covered under royalty or under Technical Services
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