Tds on amc

TDS to be deducted u/s 94 C @ 1% for individuals and 2% for companies provided the AMC charges are more than 30,000 / 75,000

Agree With Aanya

tds applicable

and tds at the rate of 10% will be applicable as it involves application of professional knowledge

section 194J will apply, as on payment of royalty tds has to be deducted as per section 194J and as per amended provision by finance act 2012, imparting of any information cocerning any technical knowledge and skills will be included in the definition of royalty,,,, and thus paymet for software repairing will attract section 194J.