TDS on Monogram Licence Fees

[ASHISH DESAI]

if an Indian company makes payment to Overseas company towards Monogram Licence Fees on an yearly basis, is this payment  subject to TDS? if, yes, at what rate?

AI Summary

Indian Company Seeks Clarity on TDS Applicability and Rate for Annual Monogram Licence Fees Under Section 195 An inquiry was made regarding whether an Indian company's annual payment to an overseas company for Monogram Licence Fees is subject to Tax Deducted at Source (TDS) and, if so, at what rate. The response advised consulting Section 195 of the Income Tax Act, 1961, for guidance on the matter.