Payment to Non Resident for License to Use Software is Royalty & Requires TDS u/s 195

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Payment to Non Resident for License to Use Software is Royalty & Requires TDS u/s 195The purchase of license to use a software is not the off the shelf purchase of material but is a payment for right to use the copyright material and as such falls within the meaning of royalty even under Article 12(3) of DTA between India and Other countries. Therefore, payment to non resident for the…

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