TDS on R & D

TDS 465 views 2 replies

What will be the rate of TDS on payment of Royalty ot resident and non-resident ?

What is the rate of R & D Cess ?

Replies (2)

The rate will depend upon the purpose for which royalty is being paid.This payment can either be treated as  professional fees or commission depending upon the purpose. The rate in both the cases is 10 %.

Payment to Resident u/s 194J @ 10%

Payment to NRI u/s 195 @ 30%


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