Tds

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Tina Kantilal Mutha

Tina Kantilal Mutha (Querist)
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20 August 2014 what is rule of tds for printing and stationery

CA Devanand Jethanandani

CA Devanand Jethanandani (Expert)
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20 August 2014 Dear Tina,

Printing will be covered under contract and hence will attract section 194(C).

Rate of TDS will 1% (if payee is individual/HUF) and 2% for others.

Under this section TDS will be applicable only if total amount paid or payable during the financial year exceeds Rs.75,000 or single payment exceeds Rs.30,000.

Rupesh Jain

Rupesh Jain (Expert)
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20 August 2014 ON THIS TDS will deducted u/s 194C . if you make order for supply of specified printing then no tds will applicable.

but you give the material to printer to make a sign on material supply by you then tds applicable on the printing charges.@1% in case of individual/HUF and 2% in payment made of firm/company.

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