Tds on royalty paid to government
shivani ebitwar (24 Points)
09 February 2022Whether TDS Is applicable on Royalty paid to governament for extraction of sand/murum.
I think since we are paying amount to government TDS Will be not required.
And also Rate of TDS as per sec 194J is 10% on royalty but in Case royalty paod in case of consideration against sale then TDS rate shall be 2 %.
I am confused on this which rate is applicable??