Indian Payments to Non-Resident Software Suppliers Not Considered Royalties, No TDS u/s 195 of Income Tax Act.

Indian Payments to Non-Resident Software Suppliers Not Considered Royalties, No TDS u/s 195 of Income Tax Act. https://www.taxtmi.com/highlights?id=57483 TDS u/s 195 - payments made to non-resident - The amounts paid by resident Indian endusers/ distributors to non-resident computer software manufacturers/suppliers, as consideration for the resale/use of the computer software through EULAs/distribution agreements, is not the payment of royalty for the use of copyright in the computer software, and that the same does not give rise to any income taxable in India - No TDS Liability - HC en-us Mon, 05 Apr 2021 11:55:15 +0530 Mon, 05 Apr 2021 11:55:15 +0530 TaxTMI RSS Generator Indian Payments to Non-Resident Software Suppliers Not Considered Royalties, No TDS u/s 195 of Income Tax Act. https://www.taxtmi.com/highlights?id=57483 TDS u/s 195 - payments made to non-resident - The amounts paid by resident Indian endusers/ distributors to non-resident computer software manufacturers/suppliers, as consideration for the resale/use of the computer software through EULAs/distribution agreements, is not the payment of royalty for the use of copyright in the computer software, and that the same does not give rise to any income taxable in India - No TDS Liability - HC Highlights Income Tax Mon, 05 Apr 2021 11:55:15 +0530 https://www.taxtmi.com/highlights?id=57483