TDS on royalty
Shama Shaikh (51 Points)
25 February 2021Shama Shaikh (51 Points)
25 February 2021
Practitising CA
(57 Points)
Replied 25 February 2021
Shama Shaikh
(51 Points)
Replied 25 February 2021
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 26 February 2021
As per section 195(g), the rate of TDS on royalties is 10%+3%Cess(if the Foreign Co possesses PAN) and if the agreement between the Foreign Co and Government/Indian Concern is approved by Central Govt or the agreement is in accordance with the Industrial Policy.
Kapadia Pravin
(17259 Points)
Replied 26 February 2021
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)