TDS QUERY URGENT

This query is : Resolved

jitender sharma (Querist)
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11 November 2008 MY compnay purchase a fresh licence of symntanic software(Anti virus) of amount rs 65695 party also charge service tax info tech -software @12.36% on 65695/- rs 8119.90 and also charge vat@4% output rs 2952.60 total gross amount of bill is rs 76767.50.
MY question is at what rate we have to charge tds on that and on what amount ?. please help me sort out the query.

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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11 November 2008 Can you clarify why you are assuming TDS is applicable? Also, can you clarify under what categry of service the seller charged service tax?

jitender sharma

jitender sharma (Querist)
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11 November 2008 sorry i just wana to clear either we should deduct tds or not ? if yes then at what rate and under what services?

Sambu Suresh

Sambu Suresh (Expert)
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11 November 2008 Hi,

TDS is not applicable.Its purley related to purchase transaction.If any one have different opinion, please come with valid reasons.

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