01. TDS u/s 194J is required to be done for Royalty also w.e.f 13-7-2006.
02. Royalty had been defined under explanation 2 of section 9(1)(vi) of the act. (Use of Process – iii)
03. In the Budget 2012, there is a retrospective amendment from 1961. In the definition of Royalty.
04. Now, process includes the following
(i) Transmission by Satellite including up-linking, amplification, conversion for down-linking of any signal.
(ii) Transmission by cable
(iii) Transmission by Optic Fiber
(iv) Transmission by other means.
-Weather above is secret or not.
05. Due to the above amendment in section 9 (mainly relates to Foreign payment), all aforesaid domestic payments now covered under section 194J of the act.
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