Tds of software annual subscription

1045 views 3 replies

Hi,

      I am purchasing a Software Subscripttion which costs Rs. 2.52L annually and the service provider has informed me that there will be 12.5% Service Tax and 10% TDS. So the calculation according to me goes like this.

Cost - Rs. 2,52,000

Service Tax - Rs. 31500

Total - Rs. 2,83,500

TDS - (Rs. 2,83,500 * 10%) = Rs. 28,350.

So if I'm not wrong, TDS should not be charged to me, as its within the limits of Rs. 30,000. 

Need help in this regard. Thanks.

Replies (3)
Yes TDs should not be charged
tds under 194j @ 10% will be deducted on 252000 (i.e. excluding s.tax). limit of 30000 is crossed as you are paying 252000 so tds has to be deducted...

Thank you.

Originally posted by : CA Tarannum Khatri
Yes TDs should not be charged

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details