Poonawalla fincorps
Poonawalla fincorps

t d s on software purchase for own use

This query is : Resolved 

09 August 2010 one of my client has purchased auto cad and other software, my client is reqd to deduct tax as vendor has already charged service tax and vat.

please reply

thx

09 August 2010 TDS is not required to be deducted on purchase of software.

09 August 2010 No TDS as its a simple sale / purchase transaction.


18 December 2010 There is lot of ambiguity and confusion on the subject, my suggestion would be to deduct TDS on the whole amount u/s 194J(assuming the vendor is an Indian company).



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