TMI BlogTDS on sale and distribution of FillmsX X X X Extracts X X X X X X X X Extracts X X X X ..... Sale and distribution of films 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 p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er the Finanace Act 2020 , In section 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . of such sum in case of fees for technical services (not being a professional services, or royalty where such royalty is in the nature of consideration for sale, distribution or exhibition of cinemat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ographic films and ten per cent. of such 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Reply = The rate of 2% is substituted for 10%. As per the amendment the TDS @ 2% is applicable for technical services. In other cases it is 10%. - TDS on sale and distribution of Fillms - Q ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uery Started By: - Pathy Senthil Dated:- 10-4-2020 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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