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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

TDS u/s 194J - the transaction was a transaction of outright ...


Copyright Purchase Exempt from TDS: Section 194J Not Applicable as Payment Is for Capital Asset Acquisition.

January 4, 2016

Case Laws     Income Tax     AT

TDS u/s 194J - the transaction was a transaction of outright purchase of copyright and not a mere payment for past and future royalties. The price paid for outright purchase of copyright was price paid for acquiring a capital asset - TDS not required - AT

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