TDS on Software Licence

it is a case of Cap. gain, no TDS will be deducted.(extinguishment of rights)

it will not be a capital gain... it depends on how u treat the software as a stock or as capital good... however in both the cases tds is not payable

Originally posted by : CA Jitendra Jain
	it will not be a capital gain... it depends on how u treat the software as a stock or as capital good... however in both the cases tds is not payable

That's Right! I am tottaly agree with you Jitendra.

------------------------

Zen TDS Software for e-TDS Filing with all relevant forms

Features

• Preparation and Validation of e TDS return file.
• User can Generate Forms 24Q, 27EQ, 16, 16A, 16AA, 27A, 27B, 27D, ITR1 by giving Single Input (with correction statement).
• List of All India Bank Branches Codes Available.
• Salary Calculation taking care of chapter VIA Deductions and Tax thereon.
• Facility to calculate amount of Monthly TDS to be deducted.
• Various reports viz. continuous Printing of Certificates, Deductee wise Payment (Summarized and Detailed).
• Challans wise Details, Certificate Issue Register, List of Clients not having PAN and address.
• Date can be Imported/Exported from MS-Excel Files / Text File / FVU File.
• Preparation for Lower tax deduction forms viz. 13, 15C, 15G, 15H, 15I, 15J.
• List of all India TIN FC's.
• Text file / FVU file viewer.
• Online TAN & PAN verification.
• Online e-Payment of tax Challans through software directly, no require to fill master information.
• MIS Reports.         Download: e-TDS Software.