Rate of tds on customized software purchase

A/c entries 997 views 1 replies

Dear Sir,

I want to know that our company purchase a ERP software, amounting around 15 Lakhs, which is customized as per our construction business requirement.

SUGGEST WE HAVE TO DEDUCT TDS ON BILL OR NOT? AND WHAT IS THE RATE OF TDS

Regards,

AKASH KUMAR SHIL

 

 

Replies (1)

when customised it falls under profession you need to deduct 10% under 194J


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