Need help in a case, Assessee is a Pvt. Ltd. Co. incorporated in India and purchases software certificates from UK based client which are transferred electronically. The UK based seller has given DTAA certificate of local tax authority of UK with no permanent establishment in India. Is TDS deduction applicable for purchase of software by the Indian client.
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Applicability of tds on purchase of software from uk
Replies (1)
yes purchase of software will be covered under royalty. So it will be covered undersection 194J.
So the TDS will be deducted u/s 195 at rate in DTAA or 10% u/s194J whichever is beneficial.
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