Tds on software

TDS 39463 views 16 replies

Hi,

You have purchased a software by paying annual subscripttion. In short you have purchased license in the form of annual subscripttion, Deduct TDS u/s 194J @ 10% on Rs 35 K. Do not include Service Tax, since service tax is not income.

 

Thank You

Replies (16)

Hi,

You have purchased a software by paying annual subscripttion. In short you have purchased license in the form of annual subscripttion, Deduct TDS u/s 194J @ 10% on Rs 35 K. Do not include Service Tax, since service tax is not income.

 

Thank You

Hi, Parul

First and foremost a bill cannot be subjected to two deductions one in 194C & the other in 194J.

You need to clear whether any modification is made in the software or not if any modification is made and this service charge Rs. 10K is related to the modification then 10% TDS should be deducted on the whole amount 10+software sale amount excluding service tax if any.

Thank You.

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register