TDS on film distribution

siddharth (C.A.) (175 Points)

22 November 2007  

 

Hi,

An Indian co. acquires the distribution rights from a Non - resident company for rights to distribute film in Indian territory. Does the Indian co.is required to deduct the TDS for making payment to the Non - resident?

Pls give your comment assuming that India has DTAA with county where Non- resident co. resides, if required  and reference of the case law if any.

Thnx in advance