CA Day celebration 2024 Easy Office
LCI Learning

Software Licence

This query is : Resolved 

23 February 2011 Dear Expert,

I am explaining a case here, there is a software of Rs. 360000/-, which can be paid by customer in 36 installments of Rs. 10000/- will there be TDS?

Regards,
Nazir

23 February 2011 If you are able to prove with documentary evidence that the transaction is contract of sale and not contract of work, then no need to deduct TDS under section 194C. But if you write that software and sell it to them then it will fall under 194J, subject to TDS.



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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query