Wht/tds on software purchase
This query is : Resolved
23 March 2012
Whether WHT/TDS is applicable for Software purchase from overseas seller
24 March 2012
IF ITS A CASE OF OUTRIGHT SALE THEN TDS WILL APPLY ONLY IF THE NON-RESIDENT HAS ANY BUSINESS CONNECTION OR PE IN INDIA.
IF ITS A CASE OF RIGHT TO USE SOFTWARE THEN THERE IS A LOT OF CONTOVERSY.
KARANATAK HC SAYS ITS ROYALTY HENE TDS WILL APLLY
DELHI HC SAYS ITS NOT ROYALTY SO NO TDS.
FB 2012 SAYS ITS ROYALTY BUT THE BILL IS YET TO BE PASSED BY PARL
CA MANOJ GUPTA
JODHPUR
09828510543
IF ITS A CASE OF RIGHT TO USE SOFTWARE THEN THERE IS A LOT OF CONTOVERSY.
KARANATAK HC SAYS ITS ROYALTY HENE TDS WILL APLLY
DELHI HC SAYS ITS NOT ROYALTY SO NO TDS.
FB 2012 SAYS ITS ROYALTY BUT THE BILL IS YET TO BE PASSED BY PARL
CA MANOJ GUPTA
JODHPUR
09828510543
24 March 2012
Yes Manoj is correct
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