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TDS on software purchase

Jatin (Accountant) (3479 Points)

29 April 2018

is tds applicable on software purchase under licence agreement for 1 year

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5 Replies

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 29 April 2018

No.............

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Blacops Mahesh (9 Points)
Replied 29 April 2018

there is no TDS on software purchase

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 29 April 2018

Yes... I agreed to above said Replies...

TDS not applicable for Purchase of Software which is without modification...

@ Mr. Jatin.,
Please explain the Licence Agreement...!

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Jatin (Accountant) (3479 Points)
Replied 29 April 2018

Thank you Raja PM sir, licence agreement means permission for use online software for 1 year

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 29 April 2018

Welcome Mr Jatin.,

In case the Supplier charged or noted separately for software purchase and any Service activity agreement it's under Service activities then consider under TDS...