Tds on software

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 January 2012 Hello,

Will there be TDS deduction on purchase of software package? if yes under which section?

Invoice of software is inclusive of service tax and VAT

Please Help !!!

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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26 January 2012 In case of Off the shelf software TDS is not required to be deducted. In case software is specially customized to suit the requirements of the customer than TDS is required to be deducted u/s 194J @ 10%. If PAN not provided @20%. Threshold Limit Rs 30000/- p.a. TDS to be deducted on total bill amount.

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