Tax deduction under category 94J

This query is : Open  Report Abuse Subscribe
 

(Querist)


29 September 2010

Hi,

For information technology i.e, for software sales, now both service tax and sales tax is chargeable.

As we are charging sales tax it comes under the category of sales, is TDS is applicable for the same. Please explain.

CMA. Subhash Kumar Jha (Expert)


29 September 2010

If the software is a customized one as per the customer's specification, the TDS @ 10 % under section 194J will apply.

CMA. Subhash Kumar Jha (Expert)


29 September 2010

But if its a ready-made packaged software... TDS will not apply.

O.D.SHARMA (Expert)


03 October 2010

Any Material/Product with VAT bill not in TDS preview.

Mallika Padmanabhan (Querist)


09 October 2010

I.e., any sales made for packaged software with service tax+sales tax no TDS deduction is applicable



You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now


Similar Resolved Queries :








close x