A bill for Rs 500000 is available for supply of software which is bifurcated as follows,
1) Software Update - 200000
2) Product Support - 200000
3) Reinstatment Fee - 100000
Service tax is charged for item no 1 and 3 and VAT for product support (item 2).
What should be TDS rate charged on the bill and under which section (194C or 194J) ?
CAclubindia
