The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the payment made for mere use of a copyrighted article would not constitute ‘royalty’ and the same is not subject to TDS under section 195 of the Income Tax Act and as per the Indo-US tax treaty. Assessee paid licence fee of USD 100,000 […]
The post No TDS on License Fee paid for mere use of Copyrighted Article: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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