TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 June 2010
We have paid fees for renewal of License fee for ERP to a technical consultancy developing. Tds to be deducted u/s 194j or 194C?
09 June 2010
It will cover under 194J only.
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 June 2010
Sir Please explain how?
It is simply the renewal fees for use of the software. It is not any technical service not an AMC. How can we deduct TDS u/s194J.
Can sec 194I be applied. (Royalty)
Regards
It is simply the renewal fees for use of the software. It is not any technical service not an AMC. How can we deduct TDS u/s194J.
Can sec 194I be applied. (Royalty)
Regards
09 June 2010
in my personal opinion, one time licence fee for use is a sale , however, if use of the word lump sum in definition of Royalty which is very wide enough to encompass the software license within its ambit, TDS u/s 194J should be done by you at the time of making payment even it is renewal(After the amendment from 13/7/2006 by which Royalty has been included within the provision of section 194J)
09 June 2010
Agree with Mr. Ravi Kumar
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