Legal Question in Tax Law in India

TDs on purchase of Intellectual Property

Sir, We are india based company, going to purchase the IP from a foreign company, the foreign company is going to sell the IP on a lum sum amount. Is there any TDS on such purchase under Section 115A? Plaese tell us. Thanks a lot.


Asked on 11/16/07, 12:11 am

2 Answers from Attorneys

Amit Shukla AS and Associates Legal Services

Re: TDs on purchase of Intellectual Property

Please provide all the details regarding your matter.mode of payment etc.

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Answered on 11/16/07, 10:21 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: TDs on purchase of Intellectual Property

Please furnish all the details.

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Answered on 11/16/07, 10:34 am


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