Whether income tax arise or not

Tax queries 119 views 1 replies

S Ltd receives a sum of Rs. 15 Lacs from K Ltd on 5th Jan-19 for agreeing not to carry on any business relating to software in India for next 5 years 

Whether S Ltd is liable to pay tax or not

And K Ltd is liable to deduct TDS if Yes than in Which Section of TDS 

Replies (1)

Yes, u/h PGBP

194C


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register