Sale of world negative rights on a perpetual basis not subject to Section 194J royalty tax deduction. No TDS required.

Sale of world negative rights on a perpetual basis not subject to Section 194J royalty tax deduction. No TDS required. https://www.taxtmi.com/highlights?id=23865 TDS - Royalty - transaction is in the nature of the sale of world negative rights on perpetual and permanent basis and the provisions of section 194J are not applicable and there is no liability to deduct tax at source - AT en-us Tue, 21 Jul 2015 13:22:03 +0530 Tue, 21 Jul 2015 13:22:03 +0530 TaxTMI RSS Generator Sale of world negative rights on a perpetual basis not subject to Section 194J royalty tax deduction. No TDS required. https://www.taxtmi.com/highlights?id=23865 TDS - Royalty - transaction is in the nature of the sale of world negative rights on perpetual and permanent basis and the provisions of section 194J are not applicable and there is no liability to deduct tax at source - AT Highlights Income Tax Tue, 21 Jul 2015 13:22:03 +0530 https://www.taxtmi.com/highlights?id=23865