TDS applicability on license purchaed

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72 Points Posted on 31 January 2023
license purchased which letter on capilised as Asset. is TDS is applicable on such trasaction??

and what is i treat as expense ??
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On 31 January 2023 at 16:22 Report
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Quick Summary
This discussion explores whether Tax Deducted at Source (TDS) applies to the purchase of a software licence that is later capitalised as an asset. It specifically questions the applicability of Section 194J, which covers fees for technical services, and how such transactions should be treated from an accounting perspective.

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1732 Points Posted on 01 February 2023
Section 194J is applicable. Fees for Technical Services
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On 01 February 2023 at 08:26
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SEO Sai Gr. Hosp.
212450 Points Posted on 01 February 2023

Specify the nature of license...

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On 01 February 2023 at 10:01

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