TDS

This query is : Resolved

kumar (Querist)
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13 September 2010 IS TDS APPLICABLE ON COMPUTER SOFTER (purchase of licence)PURCHASE AND THE PARTY CLAMING SERVICET TAX ON SOME PORTION AND CHARGING VAT ON SOME PORTION ?

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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13 September 2010 If the software is developed as per specification then TDS to be deducted @ 10% U/s 194J. If it is off the self software then no TDS to be deducted.
TDS should be deducted on Gross Bill.

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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13 September 2010 Agreed... Its only customized kind of software, that attracts TDS @ 10 % under 194J.

purchase of ready to use software does not attract TDS.

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CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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13 September 2010 Agreed with experts.
TDS will be deducted u/s 194 J on gross bill, if it customized according to your need.

Ready to use software, like busy , tally, no tds