Tds on software purchase
This query is : Resolved
poorna chandra sastry
(Querist)
04 October 2012
Is TDS applicable on payments made towards purchase of software.
CA CS Amit S. Kedia
(Expert)
04 October 2012
TDS is not deducted only if the transferor of software gives a certificate declaring that the software is acquired in a subsequent transfer and the transferor has transferred the software without any modification and tax has been deducted- (a) under section 194J on payment for any previous transfer of such software; or
(b) under section 195 on payment for any previous transfer of such software from a non-resident,
as the case may be.
(b) under section 195 on payment for any previous transfer of such software from a non-resident,
as the case may be.
CA CS Amit S. Kedia
(Expert)
04 October 2012
TDS is not deducted only if the transferor of software gives a certificate declaring that the software is acquired in a subsequent transfer and the transferor has transferred the software without any modification and tax has been deducted- (a) under section 194J on payment for any previous transfer of such software; or
(b) under section 195 on payment for any previous transfer of such software from a non-resident,
as the case may be.
(b) under section 195 on payment for any previous transfer of such software from a non-resident,
as the case may be.
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