Tds on purchase of software

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 July 2015 whether TDS on purchase of software OR
whether TDS on Licence of software OR
whether TDS on renewal of License software.

23 July 2015 As per my opinion TDS is not required to be deducted in below mentioned 3 transactions. Tax liability will be in the form of VAT etc as per state law.

As per FA 2012, TDS will only be deducted in a case where, Software Licence has been acquired from outside India, otherwise there is no requirement to deduct TDS.

However you may wait for the opinion of other experts.

Thanks



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