TDS - Renting of Software

This query is : Resolved

Ashish Ashra (Querist)
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24 October 2008 Hi

Can anybody pls clarify what rate of TDS shall be applicable in case of Renting of Software?

Is it:
a) 194I-Not specificaly covered, or
b) 194J-Technical Services, or
c) 194C-Contractor-The last option.

Also, pls provide the reason.

Thanks
Regards
Ashish Ashra

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Guest (Expert)

24 October 2008 Dear ashish the rate of TDS will be 194-C
because 194I covered for rent of machinery, plant equipment or other. The software is not covered under this section.
and 194-J "Fee for technical service" means service provided by a person relating to consultancy, managerial or technical (enginerring, archticate etc.)
so it is not provided by any person as technical service hence will be covered in 194-C

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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24 October 2008 I also say 194C.

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Ashish Ashra

Ashish Ashra (Querist)
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25 October 2008
Thanks Mr Gaurav & Mr. Chackrapani.
I have been using this site from last 2 years, This site is really useful in our professional life.

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