S Ltd receives a sum of Rs. 15 Lacs from K Ltd on 5th Jan-19 for agreeing not to carry on any business relating to software in India for next 5 years
Whether S Ltd is liable to pay tax or not
And K Ltd is liable to deduct TDS if Yes than in Which Section of TDS
Yes, u/h PGBP
194C
BHUPINDER SHAH AND COMPANY
New Delhi
CA Inter
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Triveni Turbine Limited
Bengaluru
CA
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CAclubindia
