Tax / fema

Dear All,

Please answer the following query :

 

In this case, Indian Company is providing IPR's (Intellectual Property Rights) to a foreign company, thus receiving consideration in foreign currency.  IPR is used in foreign country outside India.

Now, Whether TDS is applicable on the said receipt?

What are the Income Tax & Fema Implications?

 

Thanks in advance

 

Regards,

Yash 

Replies (2)

Hi Yash

 

I am not sure but you may find the below link useful :

 

/forum/details.asp?mod_id=61295&offset=2

 

Regards

Thanks for the reply Rohan..

 

But i also want FEMA Implications in particular for this case...any suggestions?

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