Tax Deduction Required on Software Licenses as Royalties u/s 195 of Income Tax Act.

Tax Deduction Required on Software Licenses as Royalties u/s 195 of Income Tax Act. https://www.taxtmi.com/highlights?id=20989 TDS on software license as royalty - there is obligation on the part of the respondents to deduct tax at source u/s 195 of the Act - the nature of software technology availed, invoice raised specifically quoting only licence and right of usage embedded supports the case of the revenue. - AT en-us Fri, 12 Dec 2014 10:37:11 +0530 Fri, 12 Dec 2014 10:37:11 +0530 TaxTMI RSS Generator Tax Deduction Required on Software Licenses as Royalties u/s 195 of Income Tax Act. https://www.taxtmi.com/highlights?id=20989 TDS on software license as royalty - there is obligation on the part of the respondents to deduct tax at source u/s 195 of the Act - the nature of software technology availed, invoice raised specifically quoting only licence and right of usage embedded supports the case of the revenue. - AT Highlights Income Tax Fri, 12 Dec 2014 10:37:11 +0530 https://www.taxtmi.com/highlights?id=20989