Shrink-Wrap Software Not Subject to Tax Deduction at Source u/s 195; No Liability for Non-Deduction Penalties.

TDS u/s 195 - assessee has purchased shrink wrap software or off-shelf software, which is copyrighted article and not purchased any copyright and hence the same is not liable to deduct tax at source u/s 195 - cannot be held to be liable for non deduction of tax u/s 201(1), interest u/s 201(1A) and penalty u/s 271C .....

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