TDS Royalty

Hi,

TDS is applicable on Royalty paid to Franchisor by Franchisee

Franchisee: Private Coaching Centre

TDS applicable?
Replies (7)
Quick Summary
This discussion clarifies that Tax Deducted at Source (TDS) is indeed applicable on royalty payments made by a franchisee to a franchisor. Specifically, Section 194J of the Income Tax Act governs this, with a standard deduction rate of 10%. If tax audit is conducted, this 10% TDS must be deducted.

Yes TDS is applicable
Yes applicable
Section 194J @ 10% right
Yes, 194J will be applicable
Yes the rate applicable is 10%
194J is applicable
If Tax Audit done TDS 10% should be deducted right

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