TDS on Customized Software
This query is : Resolved
PUTTA MAHESH
(Querist)
17 December 2008
Please clarify, whether TDS is applicable on Customized software or not. If yes, then under which section it is applicable.
CA Tilak Raj Sharma
(Expert)
17 December 2008
No, this is not covered by TDS. It is a simple purchase of fixed assets.
Ravikumar.G
(Expert)
17 December 2008
there is no need to deduct tax at source if there is purchase of copyrighted software and not the copyright.
18 December 2008
In case the Software is developed to meet out the requirements of the user the Tax at source is deductible u/s 194J of the Income Tax Act. However, no Tax is to be deducted at source on purchase of readymade s/w with some customisation without any extra cost.
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