Whether TDS is deductible on purchase of Antivirus Software? Whether it is covered under royalty for transfer of Software?
Menu
Tds
Replies (3)
No TDs is not applicable.
But dont u think it is transfer of software covered under royalty
Hi,
If you purchase a software from a non resident/foreign comapny then TDS should be deducted under 194J as it is a right to use (royalty).
TDS need not be deducted if it is a transfer between residents as it is not the first or real transfer(subsequent transfer) and so royalty doesnt arise.
You can go through notification number 21/2012 dated 13.6.2012.
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
