Hi,
I have 2 questions
- Whether TDS is payable on One time integration or setup fee?
- If yes, under which section should the TDS be remitted?
Thanks in advance to the forum for the support
Nitin Jain
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Tds on one time setup fee
Replies (2)
Not sure what this "one time integration or setup fee" actually is. Anyway, it sounds like fees for technical services and accordingly, tax might be deductible on such fee under Section 194J of the Income Tax Act, 1961. Just check for the nature of the fee though.
Integration means you are enabled to receive some services, it means you are purchasing and as you know TDS doesnt exist in purchases/sales
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