Tds on software renewal license

This query is : Resolved 

19 April 2012 Sir,

Please confirm me whether and at what rate TDS shall be applicable on advance or bill submitted for "software license renewal".

Is it 194 C or 194 J.

Ragards,

20 April 2012 194J

Anuj

26 June 2012 This is a usage-based payment made by one party (the "licensee") to another (the "licensor") which is called 'royalty' and accordingly section 194J attracts.




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