I purchased a software licence and i treated it as an expense (not capitalised) .
Whether I need to deduct TDS if yes then under which Section of IT Act
If I would capitalise it , capitalising the purchase is good or not?
4 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 13 March 2018
No need deduct TDS for purchase of Software except received any Services
om sai srikar
(Intern)
(47 Points)
Replied 13 March 2018
In the Invoice if they mentioned software fee and installation charges seperatley then TDS to be deducted on installation charges as it is a service
Vignesh Loganadan
(30 Points)
Replied 26 August 2018
if software is purchased from foreign then TDs is to be deducted not need?
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