TDS

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 September 2010 We receive two kinds of invoices with respect to software purchases.Some are with
VAT and Service tax and some with only VAT.
Why is there a difference?
Do we need to deduct TDS on the both types of invoices or not?

CA Navin Jain

CA Navin Jain (Expert)
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23 September 2010 BOTH ARE THE PURCHASE INVOICE HENCE TDS WOULD NOT BE DEDUCTED.

INVOICES ON WITCH VAT AND ST BOTH MENTIONED THEN WHETHER TDS WOULD BE DEDUCTED OR NOT; DEPARTMENT IS NOT CLEARED ABOUT THAT.

PLEASE WAIT THE OTHERS REPALY

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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23 September 2010 If the software is prepared as per the specification of customer TDS to be deducted u/s 194J. If the software is ready (Off the shelf software) then TDS is not required be deducted. In case of deduction TDS should be deducted on total bill amount.

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