Tds to be deducted or nott??

TDS 662 views 1 replies

Dear Friends,

 

Whether in case of foreign payments TDS has to be deducted on Software license renewals / maintenance charges termed as annual software operational licence fee??


Please support your answers with case laws or sections from the act, if any??


 

 

Thanks

Replies (1)

To,

Deepak Ji,

 

Yes, here TDS is deductible U/s. 195 on payments made to NRI and Form 27Q is to be filed for the quarter under consideration.

 

For further any query u may ask me at: Jalpeshjm @ gmail.com


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register