TDS-Contracts

yes you need to deduct TDS on the amount paid...the transaction b/w your company & the party is a contract (irrespective whether its oral or written) hence tds should be deducted @ 2.06% if the provisions are applicable... i.e single payment is more than 20000 or total payment during the year exceeds 50000 chetan sharma

YOU GIVEN LUMP SUM CONTRACT TO PRINTING THE BOOKS INCLUDING THE LABOUR AND MATERIAL.THE PRINTER IS CHARGING SALES TAX ALSO ON THE BILL RAISED TO YOU. HENCE THIS IS COVERED UNDER SALES TAX AND NOT SERVICES .IN MY OPINION THE TDS IS NOT DEDUCTED ON SALES CONTRACT.

YOU GIVEN LUMP SUM CONTRACT TO PRINTING THE BOOKS INCLUDING THE LABOUR AND MATERIAL.THE PRINTER IS CHARGING SALES TAX ALSO ON THE BILL RAISED TO YOU. HENCE THIS IS COVERED UNDER SALES TAX AND NOT SERVICES .IN MY OPINION THE TDS IS NOT DEDUCTED ON SALES CONTRACT.

Yes. You need to deduct TDS if the amount of single bill exceeds Rs.20000.00 or cumulatively during a year Rs.50000.00 as it is covered under the ambit of Contract u/s. 194C @ 2.266% (check for surcharge implication depending upon deductees income level). 

if you are doing rate contract than applicable. 194 C.