TDS on DG beta cam

This query is : Resolved 

31 August 2010 We have purchase DGBeta cam

Whether TDS deductable or not

Bill 22000
Vat 1100
Total 23100

please reply

31 August 2010 No TDS

31 August 2010 Its a purchase transaction & hence no TDS.


31 August 2010 What I understand from Betacam that it is a film on storage media. If this understanding is correct, TDS is applicable u/s 194J royalties, however the amount of payment is covered under threshhold limit as prescribed in the section i.e. 75K I believe.



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