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.
29 May 2013
you can see for u/s 194C of income tax act
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.
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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- Management System (IMS)
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- EPF FULL & FINAL RULES IN 2026
- FTS Taxable under 115A
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Rental income gst and it purpose
- Experts need help
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
