Applicability of TDS on Photo Copy Charges

TDS 6593 views 9 replies

Hi Every one,

This is a query with regard to applicability of TDS for Photocopy Charges incurred by a Company, where the expense is more than  Rs. 150,000/- pa(with Single Party).

Do I need to with hold tax for this payment.

Thanks and Regards.

Replies (9)

IF THERE IS A CONTRACT BETWEEN THE COMPANY AND THE PARTY THEN TDS SHOULD BE DEDUCTED UNDER SEC 194C

 

Dear Dinesha,

                               Yes, you should deduct TDS. please write nay query related to taxation. my email id is sachinagarwalcallb @ gmail.com

you have to deduct tds u/s 194C even if there is no contract of company with that party if payment exceeds 150000/-or single payment to that party exceeds 20000/-

It seems there is no contract so there is no TDS.

First of all, find out that whether there is any labour bill bifurcated in the bill. If not than TDS wont come into picture as TDS is applicable on services not on material

Darsh*t, We can not bifurcat practically.

 Sir than there is no question of TDS.

Originally posted by :Dinesha shetty
" Hi Every one,
This is a query with regard to applicability of TDS for Photocopy Charges incurred by a Company, where the expense is more than  Rs. 150,000/- pa(with Single Party).
Do I need to with hold tax for this payment.
Thanks and Regards.
"


 

Hi

As far as my knowledge is concerned, Printing contract is considered as Material contract and TDS is applicable on Works contract and not on Material contract.this is I think specifically given in section 94C also.so TDS should not be deducted.

TDS should not be deducted as it seems there is no contract between the parties.


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