15 November 2013
I Am a company, I had purchase Software. I got invoice with 5% vat and 12.36% service Tax. Should I deduct TDS or not? If Yes For what amount ? in the invoice, Service Tax and Vat was charges on cost of Purchase. But Notification No :- 21/2012 says that No deduction for the purchase of computer software. Please waiting for your advise
15 November 2013
if you are getting professional/technical services along with the software cost then you have to do tds otherwise no tds would be necessary..
CAclubindia
