Liability to Deduct TDS
Last updated: 07 September 2007
Court :
Tribunal
Brief :
Held that the foreign co. earned money by providing copyrighted information on subscription basis. The subscription was in the nature of access fee to database maintained outside India. Thus such receipts could not be treated as income accrued in India. Hence no TDS was reuired to be deducted .
Citation :
Wipro Ltd. Vs. ITO
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CA.Saibaburao Nanduri
Published in Income Tax
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