banner_ad

TDS - Renting of Software

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 October 2008 Hi

Can anybody pls clarify what rate of TDS shall be applicable in case of Renting of Software?

Is it:
a) 194I-Not specificaly covered, or
b) 194J-Technical Services, or
c) 194C-Contractor-The last option.

Also, pls provide the reason.

Thanks
Regards
Ashish Ashra
Profile Image

Guest

Profile Image

Guest (Expert)
24 October 2008 Dear ashish the rate of TDS will be 194-C
because 194I covered for rent of machinery, plant equipment or other. The software is not covered under this section.
and 194-J "Fee for technical service" means service provided by a person relating to consultancy, managerial or technical (enginerring, archticate etc.)
so it is not provided by any person as technical service hence will be covered in 194-C
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
24 October 2008 I also say 194C.
Profile Image

Ashish Ashra

Profile Image

Ashish Ashra (Querist)
25 October 2008
Thanks Mr Gaurav & Mr. Chackrapani.
I have been using this site from last 2 years, This site is really useful in our professional life.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details