My client has import Software licence (with descripttion 12 months subscripttion licence on invoice) from france and he is to make its payment. Does it attract TDS if yes under which section. Do we have DTAA with France? What would be the TDS rate if the client has provided tax residency certificate but not have indian pan card? pls help
Menu
Software licence import from france
Replies (2)
Import of licence with 12 months subscripttion means acquisition of 'Right to use software' and not 'Software' So it will fall under ambit of section 195 and TDS will be applicable. Further u can claim DTAA benefit if the supplier have no permanent establishment in India, in such case u will have to obtain TRC.
Thanks dhanesh. Whether the dtaa benfit is available if the supplier doesnt have indian pan card but provided trc. What would be the tds rate in that case.
Recent Threads
- Hotel ITC
- ITR for Trust- 12A
- Proprietorship to Pvt Ltd - Is Slump Sale / BTA ma
- Pan and Aadhaar Link Issue
- Fund Transfer to Foreign Country and TCS provision
- ITR updated return
- Company change Status from CIRP into Active
- Can a LLP Park money in MFs and do F&O
- ACCOUNTING TREATMENT FOR FIXED ASSETS STANDING AT
- GST Rule 14A and Form GST REG-32: Simplified Regis
Related Threads
CAclubindia
