Tds on license fees

This query is : Resolved 

31 January 2013 Does software annual licence fees payment to NRI attract tds ?

31 January 2013 Yes, it is covered under the definition of Royalty. Please refer Section 991)(vi)(b) and Explanation 4. TDS is required to be deducted.
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01 February 2013 Thank You Sir, Can u Please tell me under which section it is deductible and at what rate and is there any exemptions to Non residents


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