Tds on software licence
This query is : Resolved
Kumar Patil
(Querist)
19 February 2015
Hello,
I've purchased software license from my parent company and sold locally. My local customer has been deducted TDS and paid the money. Now I've to make the payment to my parent company. once again should i deduct the TDS U/S 195? if Yes, what rate.(already my local customer deducted 10% TDS on the same license.).
I've purchased software license from my parent company and sold locally. My local customer has been deducted TDS and paid the money. Now I've to make the payment to my parent company. once again should i deduct the TDS U/S 195? if Yes, what rate.(already my local customer deducted 10% TDS on the same license.).
CA R SEETHARAMAN
(Expert)
19 February 2015
TDS u/s 195 is applicable when you make payment to your parent company.
Rupesh Jain
(Expert)
20 February 2015
if its non resident u/s 195 applicable.
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