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TDS on internet bill

Sandeep Sharma (Accounts executive) (552 Points)

12 January 2019

Received a invoice amouting Rs. 36137 for antivirus subscripttion for three years i.e from jan 2019 to jan 2022. Please advice whether i need to deduct TDS or not?

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17 Replies

Ruchika Somani (Coaching and Practice in Tax Audit Law.) (4429 Points)
Replied 12 January 2019

No. You can consider it as intangible asset and charge depreciation bifurcating it over 3 years

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shiv shankar rawat student CMA (Manager) (263 Points)
Replied 12 January 2019

Tds will be consider, because it,s service

Ruchika Somani (Coaching and Practice in Tax Audit Law.) (4429 Points)
Replied 12 January 2019

But if we consider in asset purchase it wont be considered as service

Sandeep Sharma (Accounts executive) (552 Points)
Replied 12 January 2019

Dear Rawat sir, under which section do i need to deduct tds

shiv shankar rawat student CMA (Manager) (263 Points)
Replied 12 January 2019

It is not a capital asset, and there is only antivirus subscripttion for fix year

Ruchika Somani (Coaching and Practice in Tax Audit Law.) (4429 Points)
Replied 12 January 2019

it can be considered as intangible asset. TDS u/s 194J.

shiv shankar rawat student CMA (Manager) (263 Points)
Replied 12 January 2019

Dear, Talk to supplier, if they are technical , Service provider , then tds to consider u/s 194 C, if they are professional then Tds to be consider u/s 194 J

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