Purchase of software

Queries 394 views 1 replies

Company X purchase a software from Company Y (IT Company). Company Y is on such sale charging sercive tax in its Invoice. Further Company Y is also showing Purchase Order No on the face of Invoice.

My Question is since it is purchase/ sale transaction of good. Just by showing Service tax in Invoice. Do Company X needs to deduct TDS on that amount?

 

 

Replies (1)
Yes as per amendment made by FA 2012 by adding exp. 4 & 5 to Sec.9 of IT Act, 1961, tds need to be deducted on purchase of software u/s 194J but if it a case of subsequent transfer than by applying not. no. 21/2012 tds will not be deducted


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

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
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details