TDS ON ASSIGNMENT OF COPYRIGHTS
This query is : Resolved
16 July 2008
IS ANY TDS APPLICABLE ON ASSIGNMENT OF COPYRIGHTS,
OR ASSIGNMENT IS CONSIDERED AS SALE AND NO TDS IS APPLICABLE??
OR ASSIGNMENT IS CONSIDERED AS SALE AND NO TDS IS APPLICABLE??
17 July 2008
Assignment of copyrights in favour of a person is like a sale and TDS provisions do not apply on this transaction.
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