Hi All,
If any one clarify my doubts regarding TDS.
1. Whether TDS is applicable for purchase of System Licence (Microsoft) through local vendor and VAT is charged on the basic amount and Service Tax charged on the basic amount?
For Eg:
Basic Amount 1000
Vat @ 5% 50
Service Tax @ 10.3% 103
Total 1153
2. If it is so, Which section of TDS will be applicable (i.e 194J)
Pls clarify asap according to TDS, VAT, Service Tax rules.
P. Jagadeesh Babu
Student & Employee
CAclubindia
