15 May 2020
As we are aware that there is an amendment in the Finance Bill 2020 reg rate of TDS u/sec 194J Professional @ 10% and Technical services @ 2%. Is purchase of software covered under Professional or Technical services? Technically expert person can develop a software so I think it shall cover under "Technical" services. Please advice.
23 May 2020
Thanks Seetharaman Sir..!! Our Internal Auditor says to deduct 10% u/sec 194J. They have quoted case laws of Wipro. Request you to pls give explanation to your opinion. How can we define it as Technical service? I think Technically qualified person is able to develop a software, but may I know any other reason pls?
CAclubindia
