UAE Market Study Payment Classified as Royalty u/s 195, Subject to TDS Due to Indo-UAE DTAA.
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....TDS u/s 195 - payment for a market study in UAE - Indo-UAE DTAA - the market study being in the nature of Technical Services (FTS), is in the nature of information concerning commercial experience and hence Royalty. Hence it is liable to TDS.....
TaxTMI