30 April 2013
A Company X wants to purchase email software from a foreign vendor.
Is the purchase considered as software service or software product? If so please let me know on the TDS and service tax implications on such transactions.
01 May 2013
TDS should be applicable as per Income Tax Act, however if the foreign vendor is able to provide TRC & PAN then the applicable provisions of DTAA shall apply.
CAclubindia
