Dear All,
Can any one please clarify below,
As per budget 2011-12 import of software need to be treated as royalty which will attract 20% tax on the purchase.
My query is if we have DTAA & PAN too from purchasing company what will be the TDS rate?
If we only have PAN card of purchasing company what will be the TDS rate?
We import software ONLINE only.
regards,
vaibhav
Mr. Patil as you know provisions of adt agreement superseeds over genrel provision of IT act 1961. so in your case tds needs to be deducted @ 10% .
agreee with above
agree with above
dear sir,
we pay charges towards "Supply & installation of Call Billing S/W" with one year warranty. they charges only VAT @ 5% & no service tax. My question is, is this attract TDS @ 10% u/s 194J. Pls. guide me. . .
thnx/
Narendra Bandhankar.
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
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