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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

TDS u/s 195 - whether the payments made for acquiring the ...


Payments for Shrink-Wrap Software Classified as Royalties u/s 9(1)(vi), Requiring Tax Deduction per Section 195.

November 21, 2015

Case Laws     Income Tax     AT

TDS u/s 195 - whether the payments made for acquiring the shrink-wrap Software amounts to royalty u/s 9(1)(vi) and also Indo-Ireland DTAA and, therefore, tax at source required to be deducted as per the provision of sec. 195? - Held Yes - AT

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