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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Withholding of tax - The software has been purchased from ...


Microsoft Software Purchase Costs Shared Without Mark-Up; No TDS Required u/s 195.

August 12, 2015

Case Laws     Income Tax     AT

Withholding of tax - The software has been purchased from Microsoft, the cost of which has been distributed amongst all the group entities. It is pure case of reimbursement of cost and admittedly, there is no mark-up - No TDS u/s 195 - AT

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