Question ID :
40579
TDS ON ROYALTY
Dear Experts
There is a change in the royalty definition in the budget 2020 which includes now the sale of cinematagrophic films also. So will this apply to Section 9 , the intended section only or will it apply to Section 194J (tds section also,as they both have the same definition)
Posted by
T.R.S. PATHY SENTHIL
on
Feb 24, 2020
Filed Under
DIRECT TAXES
Applies to section 194J since meaning of royalty as per clause v of explanation 2 to section 9(1)(vi) is same for section 194J.
Posted by
B.CHACKRAPANI WARRIER on
Feb 24, 2020
Answer ID :
80426
yes...the change will have impact on 194J also
Posted by
SIVADAS CHETTOOR on
Feb 25, 2020
Answer ID :
80431
Yes. It will apply to section 194J also.
Posted by
CA. chunauti dholakia on
Feb 26, 2020