24 January 2008
SHOULD TDS BE DEDUCTED ON NEW SOFTWARE DEVOLEPEMENT EXP ? IF IT IS CUSTOMIZATION OF REGULAR SOFTWARE DOES IT MAKE ANY DEFFERENCE ? IF TDS BE DEDUCTED,THEN UNDER WHICH SECTION 194C OR 194J ?
31 January 2008
if you purchase softeare and sales tax is added then it is sales and when software is updated then it is liable to 194c and payments are made in excess of rs.20000 at the time and in excess of rs.50000/-in a perticular year.and it is not professionl charges
CAclubindia
