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Income Tax - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

TDS u/s 195 - Royalty - Assessee purchased certain software ...

Income Tax

December 29, 2019

TDS u/s 195 - Royalty - Assessee purchased certain software licenses from M/s.Saipem SPA, Italy, which were used by assessee for providing services to customers for various support functions in accounting, reporting, etc.- payments towards grant of license/software are taxable as Royalty both under DTAA as well under provisions of Section 9(1)(vi)

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