TDS on LFR

is tds applicable on License Fee Recovery ....?

if applicable what will be the rate ?
Replies (3)
Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) applies to License Fee Recovery. It confirms that TDS is indeed applicable under Section 194J of the Income Tax Act at a rate of 10%. The query specifically seeks elaboration on the rate and section applicable for TDS on License Recovery Fee to BPCL.

Tds will be deducted u/s 194J @ 10%
Please elaborate query
TDS on License Recovery Fee to BPCL is applicable at what rate and under which section ?

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