Tds on franchaise fees


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 August 2012 My client have started business of software for one multinational company and to begin my client have paid Rs. 6.00 Lacs as one time franchise fees and Rs. 1.00 lacs for training fees for next five years.
Are those above two are require TDS deduction ...If yes and at what rate...

30 August 2012 FEE FOR TECHNICAL/PROFESSIONAL SERVICES u/S 194J TDS @ 10% SHOULD BE DEDUCTED


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