Is tax deductible at source u/s 194 J (Professional services) of the I-T Act on payments made to a computer dealer/vendor with respect to computers purchased and repair services provided by the said vendor? The total payments in a year exceed the limit of Rs. 30,000 to the same vendor.
12 January 2011
No TDS for purchase of Computer and spares/parts used for maintenance
TDS u/s 194C for maintenance is required on labour charges. If bill includes lumpsum cost for both spares and labour (indivisible), then TDS has to be affected on total amount
CAclubindia
