Tds deduction on software purchased
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 March 2016
Dear sir,
We have purchased software on which vendor has charged 5.8% ST alongwith 5% vat, plz let me know weather we should deduct 10% TDS u/s 194J on 40% value of software or on 100% value.....
Regard
Sumit jha
We have purchased software on which vendor has charged 5.8% ST alongwith 5% vat, plz let me know weather we should deduct 10% TDS u/s 194J on 40% value of software or on 100% value.....
Regard
Sumit jha
30 March 2016
There should be no TDS on purchase of software even if service tax has been levied. However, if there are any other service charges, such as installation service charge, then TDS will be applicable on such service.
30 March 2016
TDS to be deducted on invoice value.
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 March 2016
Sir TDS to be deducted on invoice value excluding vat and ST or including taxes....
31 March 2016
Excluding VAT And CST
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