07 April 2008
A payment of 200000Rs is made to a software developers for ERP implimentation in a company. Under which head it would come for TDS-whether contractor or Professional?
07 April 2008
If the payment is made solely for the development of software, it is in the nature of payment made for technical/professional fees. Hence sec 194J will be applicable.
However, if payment is made towards the development as well as maintenance of the software, sec 194C will be applicable