TDS on software purchase from Foreign vendor

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..... TDS on software purchase from Foreign vendor
Query (Issue) Started By: - Amit kumar Ray Dated:- 9-2-2018 Last Reply Date:- 7-8-2018 Income Tax
Got 1 Reply
Income Tax
Assessee is purchasin .....

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..... g " Perpetual license for a single instance of CHARON-SSP/4U L30 on one host system. Includes software and license key for USD 22540. Here assessee is being treated as licensee and one License ag .....

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..... reement is being executed. Licensor grants a non exclusive right to use the licensed functionality of the software to run a single instance. Software will be downloaded after payment.Vendor retains th .....

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..... e copyright , intectlectual property,title and ownership of software.Vendor has no business connection or Permanent Establishment in India. Whether TDS is applicable on payment to foreign vendor ? R .....

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..... eply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Whether the payment has been made out of India or in India. If it is made out of India in your case no TDS is required. It is my view.
Discussion For .....

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..... um - Knowledge Sharing .....

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