The provisions of section 9(1)(vi) [explanation vi] has been amended vide Finance Act, 20123 with retrospective effect from 1-6-1976. Now, it includes internet services within its ambit.
My question is just because the aforesaid section has been amended retrospectively, the parralel section, i.e. section 194J for TDS would also be amended retrospectively is correct ?
please refer any case laws also.
As per explanation to Section 194J the term "royalty" shall have the same meaning as in Explanation 2 to clause (vi) of sub-section (1) of section 9. That means retrospective amendment in section 9(1)(vi) would be applicable to "royalty" for the purposes of the section 194J also.
There is no requirement of any case law as it is clear in plain reading.
Hema Yashwanth & Associates
Chennai
B.Com
View Details
RoamPrime Technologies Private Limited
Bengaluru
CA
View Details
K R Kiran Kumar & Associates
Bengaluru
CA Inter
View Details
PARV & Co.
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
