TDS ON LICENSE FEE

TDS on license fee is applicable under which section and what rates?
Replies (2)

Usually u/s. 194J of IT act.... at @ 10%...

Under 194J @ 10% subject to no TDS upto threshold limit of per person Rs 30000/- during the FY.

No TDS under 194J if such payment is made by Individual/proprietory concern who is not under tax audit.

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