Tds on annual subscription


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Querist : Anonymous

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Querist : Anonymous (Querist)
03 September 2016 Dear Sir,
whether TDS is applicable for Annual subscription charges paid for Auto Cadd Software Rs.60000/- ? if yes, then under which section ?

please reply ASAP

Thanks in advance

03 September 2016 Yes TDS is applicable (unless and until the vendor provide a declaration for non deduction of TDS) u/s 194J @10%


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