TDS ON ASSIGNMENT OF COPYRIGHTS

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Rajesh (Querist)
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16 July 2008 IS ANY TDS APPLICABLE ON ASSIGNMENT OF COPYRIGHTS,
OR ASSIGNMENT IS CONSIDERED AS SALE AND NO TDS IS APPLICABLE??

CA RAMESH KUMAR AHUJA (Expert)
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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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