Tds on printing and stationery items


This query is : Resolved 

Quick Summary
This discussion clarifies that Tax Deducted at Source (TDS) should be applied to printing and stationery orders, such as school diaries costing around Rs. 150,000. The consensus is to deduct 2% TDS under Section 194C of the Income Tax Act. This deduction should be made on the total cost of the order, even if there isn't a separate breakdown of material and labour costs.

03 June 2021 We give a order to a party to print school dairy which cost is approx rs. 150000 should we deduct tds on that.

03 June 2021 Yes deduct 2% TDS under section 194c.

03 June 2021 Sir,
On which amount bcs there is no sepretaion on item cost and labour cost?

03 June 2021 Sir,
On which amount bcs there is no sepretaion on item cost and labour cost?

03 June 2021 Deduct 2% on total cost.

03 June 2021 resident individual or HUF 1%
any resident person other than individual / HUF 2%


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