Please let me know whether WHT is applicable on purchase of software licenses from foreign entity. The company is based out of Singapore. It doesnt have any PE in India. If WHT is applicable at what % the TDS is to be deducted.
27 November 2017
No withholding tax/TDS on purchase of an off the shelf software. The agreement needs to be reviewed to examine whether it would amount to Royalty. If it is royalty, TDS would be required.
CAclubindia
