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TDS ON AMC

This query is : Resolved 

04 February 2009 Hi
Could anybody pls clarify me the tds on AMC Contract for software relating to maintenance of fixed assets will attract 194J or 194C

04 February 2009 It will attract Section 194C and rate of TDS would be 2% + 3% Education cess.(Total 2.06%)

05 February 2009 Ok thanks




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