Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 July 2012
How to calculate TDS on Microsoft Software product Purchase?
Please to be help me out
Parvez
Please to be help me out
Parvez
CA Amit Jaiswal
(Expert)
23 July 2012
On purchase amount there will be no TDS.
If there is amount of service involved then TDS u/s 194J @ 10% will be applicable on that portion.
If the service element is not seperable from the invoice, then deduct TDS on whole invoice amount.
If there is amount of service involved then TDS u/s 194J @ 10% will be applicable on that portion.
If the service element is not seperable from the invoice, then deduct TDS on whole invoice amount.
CA BHARATH KUMAR
(Expert)
25 July 2012
there is no tax . because it purchases of capital goods
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