27 July 2009
Is TDS not deducted on rent of computer on which vat is charged? Someone argued that TDS is not deducted on rent of computers. Since in the bill vat is Charged in Place of service tax so they considered it as purchase and not deducted TDS on it.
27 July 2009
Can you be little bit comprehensive in your question. As because I am confused about the applicability of VAT on rent of computer. Please clear the issue of applicability of VAT, then only we can discuss on the point of TDS.
28 July 2009
VAT is certainly payable on the renting of computers in the State of Maharashtra. It was earlier levied as tax on transfer of right to use goods for any purpose etc Act. There is a celebrated judgement of SC on the issue in 20th Century Finance.
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