Entity has Purchased MS Office of around Rs. 150000/- from a shopkeeper.
Whether TDS would be deducted as a royalty??
mayank sanchety (41 Points)
03 March 2019Entity has Purchased MS Office of around Rs. 150000/- from a shopkeeper.
Whether TDS would be deducted as a royalty??
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160551 Points)
Replied 04 March 2019
No. If its readymade software purchased over floppy or disk.
mayank sanchety
(41 Points)
Replied 05 March 2019
Okay...
If its Tailor made/Customised then TDS is attracted and if Readymade than No TDS.
Thanks
Nilesh Pandya
(proprietor)
(304 Points)
Replied 05 March 2019
Yes, readymade software are treated as goods. No TDS.
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