23 November 2013
A Partnership firm is paying a sum of Rs 1,00,000/- to a Company in Italy for the use of the that Company's Software in India in F.Y 2013-2014. As per Sec 9, the said sum will be Royalty and TDS would be Deducted. The Italian company doesnot have any Pan No in India What will be rate of TDS to be Charged?.