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Lease of software

This query is : Resolved 

25 April 2008 I wants to know that whether software on finance lease is liable for service tax or sales tax?

30 April 2008 liable to sales tax.

30 April 2008 Can TDS be deducted on EMI paid by lessee as Rent payment for use of Plant & Machinery?


30 August 2008 yes,tds is deductible.



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