We are ltd co in ahmedabad we have purchase one renewal licence of one company situated at Calcutta othet is at bombay we are mediatrr between to company our company is liable for TDS
This is a usage-based payment made by one party (the "licensee") to another (the "licensor") which is called 'royalty' and accordingly section 194J attracts.
Yes, TDS is applicable
CA.Vikas Patel, (Mumbai)
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