TCS ON SOFTWARE SALES

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This discussion seeks clarification on whether Tax Collected at Source (TCS) applies to software sales and upgrades. The user received an invoice where TCS was applied to other goods but not software. They are asking if Tax Deducted at Source (TDS) under section 194Q is applicable in this scenario, with the consensus being that 194Q is for the sale of goods like computers, not software or services.

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02 November 2024 Here’s a refined version of your sentence for clarity:


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"Dear tax experts, I need clarification regarding TCS on the sale of goods. Our supplier raised an invoice without TCS value for software sales and upgrades, but TCS was applied to other goods on his invoice. My question is, should I deduct TDS on this invoice under section 194Q?"
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
04 November 2024 194q TDS applicable only on sale of goods like computer and not on purchase of software and services paid to computer software.
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6380177036pro badge (Querist)
04 November 2024 Thank you so much sir
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
04 November 2024 You are welcome ..
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