U/s 194J
suraj yadav
(Sr. Accounts Executive)
(63 Points)
Replied 30 December 2009
It depend on the nature of licence , for which fees is to paid. If licence fees is paid in case of Leave and licence agreement than U/S 194 I will applicable , if licence fees paid for contract between parties than it will fall u/s 194 C and If licence for professional or technical service than it will fall in 194 J.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)