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Software License Payments Non-Taxable; Not Royalties u/s 9(1)(vi), No TDS Liability Per Section 195.
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....TDS u/s 195 - payment towards software purchase - the purchase agreement payment made to acquire the software license does not fit into the definition of royalty and non-taxable as per 9(1) (vi) of Income tax act - No TDS liability - AT....


TaxTMI
TaxTMI