Purchase of Software

This query is : Resolved 

17 March 2010 Is TDS is applicable on payments made for purchase of software? If so, what is the rate?
Thanks

17 March 2010 No, TDS is not Applicable in case of Purchase of Software as this is a "purchase" of Goods/product and not the service or profeesional fees. However the Installation charges would be liable for the TDS Deduction u/s 194C and profeesional services related with S/W would be covered u/s 194J.

17 March 2010 no tds is applicable for purchase of software




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries