Hi...
We printed some books with printing specifications for community use from a Printing Enterprise in Delhi.
The total printing cost is nearly 1 lakh. Is TDS applicable to it?
I feel, it is a contract of sale and Sec 194 C is not applicable.
Menu
Printing Work and Tax
Replies (7)
Quick Summary
If the content of printing was as per your requirement, it will not be sell; as such TDS will be applicable.
Thank you sir, it is helpful for us.
You are welcome.
Hi...
One more query:
If we have a GST invoice from Printing Enterprises for book printing will TDS apply under 194C?
I have an article that says TDS on GST applies if the contract amount exceeds 2.5 Lakhs. (attached link as below)
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://icmai.in/TaxationPortal/upload/IDT/Article_GST/263.pdf
Firstly be clear that the TDS deduction queried is under Income tax like sec. 194C it act or under GST act..
The article might be about TDS liability under GST act...
Sir, Thank you! I got it.
My pleasure.
Recent Topics :
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
CAclubindia
