TDS on LFR

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24 Points Posted on 13 January 2021
is tds applicable on License Fee Recovery ....?

if applicable what will be the rate ?
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On 13 January 2021 at 18:02 Report
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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.

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Chartered Accountant
16188 Points Posted on 13 January 2021
Tds will be deducted u/s 194J @ 10%
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On 13 January 2021 at 18:08
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10683 Points Posted on 13 January 2021
Please elaborate query
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On 13 January 2021 at 20:16
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24 Points Posted on 15 January 2021
TDS on License Recovery Fee to BPCL is applicable at what rate and under which section ?
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On 15 January 2021 at 23:35

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