Dear All,
This is to update now all purchase of softwares from NRI's are subject to TDS.
This is as per latest case in Samsung India Pvt Ltd
Best
Sanjeev
Menu
TDS on Outward Remittances
Replies (2)
Dear sir,
Yeah sir i read abt it in d newspaper...
I want to point dat it also attracts wen advance is given for software development...so while paying in advance party has to deduct TDS...
Is the exemption for software downloaded for personal use from internet still available. That was specifically exempted?
Is the TDS applicable to purchase of packed software also or for developed software and license to use software with customisation / source code.
I am sure it will be applicable for payment to all foreigners and non residents and not only NRIs.
Recent Threads
- Regarding berthing of vesse
- Schedule FA reporting - peak value and cash MMF
- Partnership firm with foreign national person
- Audit required
- Deemed Withdrawal of ASMT-13 Orders & Adjustme
- Need advise with HRA claim
- Schedule AL limit for FY 2024-25
- Can a person use ITR 1 when she has CG of Rs.250/
- Choice of ITR Form
- DTAA with US - Interest & Dividend
Related Threads
CAclubindia
