TaxTMI 
TaxTMI 
TaxTMI 
TDS on sale and distribution of Fillms
X X X X Extracts X X X X
X X X X Extracts X X X X
....DS on sale and distribution of Fillms<br> Query (Issue) Started By: - Pathy Senthil Dated:- 10-4-2020 Last Reply Date:- 12-4-2020 Income Tax<br>Got 1 Reply<br>Income Tax<br>Sale and distribution of fi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lms now included under royalty and hence TDS would be applicable. But the rate( 2% or 10%) is not clear after the amendment to Finance act 2020. Please refer below As per the Finanace Act 2020, In s....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ection 194J of the Income-tax Act, in sub-section (1),-- (a) in the long line, for the words "ten per cent. of such sum", the words and brackets "two per cent. of such sum in case of fees for technic....
X X X X Extracts X X X X
X X X X Extracts X X X X
....al services (not being a professional services, or royalty where such royalty is in the nature of consideration for sale, distribution or exhibition of cinematographic films and ten per cent. of such ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....sum in other cases," shall be substituted; So TDS for sale and distrubtion of films is now 2% or 10%. Please clarify Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: The rate of 2% is substituted for....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 10%. As per the amendment the TDS @ 2% is applicable for technical services. In other cases it is 10%.<br> Discussion Forum - Knowledge Sharing ....