Whether tds is to be deducted on annual subscripttion of online databases by Manupatra Information solutions pvt ltd. (It has also charged service tax)?
Tds on online subscription if service tax charged
Replies (1)
Dear Suman
The TDS will be charge @ 10% under section 194J. Payement made for online access of database will be treated as Royalty.
Judgement from hon,ble High Court in case CIT (international) V/s Wipro Ltd.
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