Do we need to deduct TDS when Bill of printing and stationery And bill of travel expenses increases 50000P.A. in case of 194 C??????????
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Replies (6)
Dear Sir
Section 194 C only for Contractors & CF Agents (ohers) . Stationery supplier is not a contractor if its use only for office work, if you are using in advertisement then you should deduct tds for the same.
service tax need to be paid on monthly basis and input services are adjusted aginst output services .
Do we need to pay services tax on balance amount even though we have not received payment from party .?????????
no beacause this is not a contract under 194 c.hence not necessary to deduct the tax. it is used for office exp purpose and so it is not called the contract.
The job of priniting attracts TDS u/s 194C. Only purchase of stationery is not a works contract and is out of perview of TDS provisions.
Yes we have to decuct the tds if Bill is increasing the limit of 50,000/-. And not only the excess amount but also whole amount of Bill during the year
IF BILL OF PRINTING & STATIONARY IS A CONTRACT FOR SALE AND NOT A CONTRACT FOR WORK THEN THERE IS NO QUESTION OF TDS
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