Tds on purchase of software

This query is : Resolved

Prashant K (Querist)
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04 August 2014 Experts,

We have purchase a Payroll Package for rs 34,035/- followig is the Breakup

License : 29,000
Service Tax : 3,585
VAT 5% : 1,450
Total : 34,035/-

Kindly suggest should i deduct TDS @ 194 J or TDS @ 194C for this purchase.

Thanks

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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04 August 2014 on purchase there is no tds applicable..............

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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04 August 2014 On payment of Rs 29000/- for licence fees Section 194J attracted. But TDS not required to be deducted since Threshold limit of Rs 30000/-p.a. is not crossed. In case threshold limit is crossed TDS should be deducted @10 %.

Tds apllicable on amount excluding service tax.

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Prashant K

Prashant K (Querist)
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04 August 2014 Thank You Mr Sanjay for Detail Information and Same to Mr Tushan thanku

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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04 August 2014 you are welcome prashant.......................