rate of tds on royalty

TDS 1459 views 4 replies

hi everyone,

can some one tell me rate of tds on royalty with undersection

 

Replies (4)
Section 194J - Rate 10%, if amount of royalty exceeds Rs.20,000.00
Yes sriram is right
should we deduct TDS on developing software though ERP module
You have to deduct TDS on those software development cost which pertains only to manual work i-e man hours worked to make specific requirements against the order as placed by the customer.


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