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Web23 Mar 2024 · This may be monthly, quarterly or annually. The ongoing fee covers things like the franchise’s fixed costs. The level of this fee varies wildly between franchise systems. It is usually calculated as a percentage of gross sales. According to the British Franchise Association, a figure of 7-8% is roughly average. Web18 Mar 2024 · Illustration 1: XYZ Limited purchases software from a resident in India for Rs 1 Lakh. As the amount paid by XYZ Limited is Royalty, hence TDS is deductible @ 10% under section 194J i.e. Rs.10, 000/-. Illustration 2: XYZ Limited imports software from a company in U.S.A. for Rs 1 Lakh. dart trick shots
Tally Renewal benefits (Tally Software Services) for Tally users
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