Tax Deducted at source-Urgent query
This query is : Resolved
09 December 2010
Hello fiends.
Can anyone please tell me that AMC of Computer will be covered u/s 194C or 194J.I mean that if i have made a payment for AMC of computer whether i should deduct tds @2%i.e.u/s 194C or @10%i.e.u/s194J.
My opinion is that AMC of computers are not coverd under technical services.
Please everyone share your views.It is an urgent query.
Thanks.
Regards
PARUL SAXENA
9891087407
Can anyone please tell me that AMC of Computer will be covered u/s 194C or 194J.I mean that if i have made a payment for AMC of computer whether i should deduct tds @2%i.e.u/s 194C or @10%i.e.u/s194J.
My opinion is that AMC of computers are not coverd under technical services.
Please everyone share your views.It is an urgent query.
Thanks.
Regards
PARUL SAXENA
9891087407
09 December 2010
Hi Parul,
In my opinion TDS on AMC is required to be deducted u/s 194C being in the nature of normal maintenance charges on contract basis and in the absence of any other explicit notification by the Department in this regard.
In my opinion TDS on AMC is required to be deducted u/s 194C being in the nature of normal maintenance charges on contract basis and in the absence of any other explicit notification by the Department in this regard.
09 December 2010
AMC on computers is deductable U/s 194J...as the AMC is on Techical Nature and only professionals can able to do the JOB...
09 December 2010
hi satish.
Thanks for the info. but could you please tell me the exact definition of technical services.
bcoz in my opinion AMC of computers are different from software & hardware engineer's services.AMC is normal maintenance and if should be coverd under sec.194j then why normal repair & maintenance of electricity and some other thing are not covered in this section.
Thanks for the info. but could you please tell me the exact definition of technical services.
bcoz in my opinion AMC of computers are different from software & hardware engineer's services.AMC is normal maintenance and if should be coverd under sec.194j then why normal repair & maintenance of electricity and some other thing are not covered in this section.
10 December 2010
Amc on computer is also like maintenance of any other machinery. Technical, Professional etc will apply in case of brain and specialised works. Computer maintenance is just like other machine jobs and no secret about it. Hence only 194C applicable
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
