TDS U/S 194C
This query is : Resolved
25 May 2009
MY CLINET IS DEALING IN SUPPLY OF PRINTING MATERIAL. THE CLIENT IS SALE GOODS TO PARTY AS PER THEIR SPECIFICATION(SUPPLY OF MATERIAL). THE ONE OF THE PARTY DEDUCT TDS @ 2.06 % (194C) AS LOGO (BRAND)OF THE COMPANY MENTIONED ON THE BOX.
WHETHER 194C IS APPICABLE ?
WHETHER 194C IS APPICABLE ?
25 May 2009
Since its the supply of goods, TDS will not be applicable.
25 May 2009
You deal in supplying the Printing material, hence it is not covered u/s 194C. Using of Brand logo of the company is immaterial
25 May 2009
Similar views,expressed by the above experts,are observed in the following decisions.
1) BDA Ltd Vs.ITO 281 ITR 99 (Bom).Decision is, printing of labels as per assessee's specification is transaction of a sale rather than contract and tax deduction is not required.
2) CIT Vs. Dabur India Ltd.283 ITR 197 (Delhi).Here the court said, printing of labels on corrugated board boxes did not require any special skill .The main object underlying was one for sale of goods which took the contract out of the purview of income tax deduction.
1) BDA Ltd Vs.ITO 281 ITR 99 (Bom).Decision is, printing of labels as per assessee's specification is transaction of a sale rather than contract and tax deduction is not required.
2) CIT Vs. Dabur India Ltd.283 ITR 197 (Delhi).Here the court said, printing of labels on corrugated board boxes did not require any special skill .The main object underlying was one for sale of goods which took the contract out of the purview of income tax deduction.
26 May 2009
Agree with Experts. On the supply of goods, TDS will not be applicable.
26 May 2009
As per CBDT circular No. 715 dated 8-8-1995 printing of stationery as per customer specification attracts TDS u/s 194C, how ever this circular shall be over ride by the court decisions as given by chakrapani
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- TDS Deducted AY-2013-14 Not Reflected in 26as
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Capital gain on sale and purchase of plot
- Condonation . E-Verification of last year return .
- Eway bill not cancelled within 24 hous what can be due
- 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
- LLP audit under companies act
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
