Tds on payments for printing of catalogues

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 May 2013 I have got printed catalogs for the products being manufactured by me. Am I liable to deduct tax at source from such payment. If not, please let me know the relevant case law/section/CBDT Circular.

Rupesh Jain

Rupesh Jain (Expert)
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29 May 2013 you can see for u/s 194C of income tax act

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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30 May 2013 TDS applicability , in the cited issue, depends on from whom the 'materials for printing' is purchased.

i) if purchased from you , TDS attracts u/s 194C. Rate for deduction is 1% / 2% which depends on the 'status' of the payee.

ii) if purchased from elsewhere, TDS provisions doesn't attract.

This is the provision applicable from 01/10/2009 and onwards.

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