Tds on software purchased?
Querist : Anonymous
Querist : Anonymous
Fixed medical allowance is fully taxable
Otherwise No TDS,
TDS will also be deducted u/sec 194J since it falls in prof/ technical service clause. It is to be noted that from July 2012 onwards, TDS is not applicable on Software Re-sale which you can study in detail with following
link https://www.taxmann.com/breakingnews.aspx?sid=11045&t=1&c=1
Medical Allowance is Fully Taxable,
However, Medical reimbursement is exempted up to 15000...
Querist : Anonymous
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