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Tds on purchase of information .

TDS 261 views 2 replies

My one client do purchase of Information like contact details of consumers, address details and also some information which are based on a survey conducted by some agencies 

This is a purchase of pure information only , not software or any information technology service . 

So, is he liable to deduct TDS on purchase of Information ?

If he is required to deduct TDS on purchase of Information than how much he should deduct and under which section ?

 

Replies (2)
If information provider is a consulting service co. So amount payable or paid is fall under professional service paid by co . 1st see what is mentioned in invoices raised by information provider.
If professional than just deduct under 194j.


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