TDS U/s. 194C - printer

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 June 2010 A company is use to get vouchers/bill book printed from a printing press, also packing bags with company's name printed on it.

Is the company is liable to make TDS on the said bill U/s. 194C?

suggest with notification/calrification from Dept. or any case law.

Thanks

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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12 June 2010 Income tax need not be deducted on such payment from October 1, 2009 as per the substituted section 194C. Department has not issued any notification/clarification on this matter since the above said date because the section itself is clear and is self explanatory.

CA Sanat Pyne

CA Sanat Pyne (Expert)
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12 June 2010 agree

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