Live Practical Course on Income Tax Audit
AI POWER PRACTICAL BOOTCAMP
Entity has Purchased MS Office of around Rs. 150000/- from a shopkeeper.
Whether TDS would be deducted as a royalty??
No. If its readymade software purchased over floppy or disk.
Okay...
If its Tailor made/Customised then TDS is attracted and if Readymade than No TDS.
Thanks
Yes, readymade software are treated as goods. No TDS.
Agree with experts.
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
India's largest network for finance professionals
Alternatively, you can log in using: