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TDS APPLICABILITY ON SOFTWARE PURCHASES FROM ABROAD

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(Querist)
27 September 2022 One of the Indian Company has planned to purchase some software from abroad (USA), however, the seller Company has no PAN / no office in India. In that situation, What will be the TDS matter ?? and If TDS is applicable, What rate will be charged ?? or Have any exemption from TDS on Software purchase from Abroad ???

Please Guide me
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CA R SEETHARAMAN online

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CA R SEETHARAMAN online (Expert)
28 September 2022 The sale of computer software as above does not give rise to any income taxable in India. Hence, no TDS is required to be deducted.

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