TDS QUERY URGENT
This query is : Resolved
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.
MY question is at what rate we have to charge tds on that and on what amount ?. please help me sort out the query.
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?
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?
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.
TDS is not applicable.Its purley related to purchase transaction.If any one have different opinion, please come with valid reasons.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Portuguese Civil Code IT Return
- Taxability of Partnership firm for FY 2025-26
- GST Rate for Catering Services
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- TDS AND ITR ISSUE
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
