Tds u/s 194c

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Sabareesh (Querist)
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24 September 2013 Dear all,
Our company is receiving bills from a printing press. We have not supplied any material to him. We gave orders to print invoice, delivery challan, visiting cards with our company name. Should we deduct TDS u/s 194C?

CA Parul Saxena

CA Parul Saxena (Expert)
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24 September 2013 yes you need to deduct tds if single bill exceed Rs.30000 or aggregate pyament during the year expected to increase 75000

Sabareesh

Sabareesh (Querist)
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24 September 2013 Sir,
click the link below.
https://www.caclubindia.com/experts/tds-on-printing-stationary-321540.asp

CA Prashant Gupta sir gave in other way. Can u explain?

Sabareesh

Sabareesh (Querist)
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24 September 2013 sir,
Can u send any reference circular or notificatioin?

CA Parul Saxena

CA Parul Saxena (Expert)
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24 September 2013 provisions explained by Mr.prashant has become invalid now these provisions has been subustituted by new rules

Nikhil Kaushik

Nikhil Kaushik (Expert)
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24 September 2013 Dear Sabreesh,

Taxation is a very dynamic subject. Therefore, kindly get into a habit of reading tax act, rules and other circulars on a regular basis. Only then you would be able to give proper advise to your clients.

What was valid yesterday can become invalid even if a small comma or full stop is added or deleted in tax act.

Sabareesh

Sabareesh (Querist)
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24 September 2013 thanks for the advise sir. Is there any notification for this amendment which is valid now? Kindly suggest

Sabareesh

Sabareesh (Querist)
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25 September 2013 If he charges only VAT on the bill. Is TDS deductible?

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