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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

TDS u/s 195 - assessee purchased software from two nonresidents ...


Software Purchase from Nonresidents Not a Royalty; No Withholding Tax or Disallowance u/ss 40(a)(i) and 195.

June 24, 2016

Case Laws     Income Tax     AT

TDS u/s 195 - assessee purchased software from two nonresidents companies - Purchase of software is not in the nature of Royalty and no disallowance u/s.40(a)(i) of the Act is warranted. - AT

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