Tds for printers

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1 Points Posted on 12 January 2020
I have paid an amount of Rs.3 lakh per year from the institution for the payment towards printing letter heads, cash book, ledger book etc. is tds applicable for the same?
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On 12 January 2020 at 16:11 Report
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This discussion clarifies whether Tax Deducted at Source (TDS) is applicable to payments made for printing services like letterheads and cash books. TDS under section 194C is generally applicable if annual payments to a single printer exceed Rs 1 lakh, or if any single bill payment surpasses Rs 30,000. A TDS rate of 1% or 2% is typically required in such cases.

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17269 Points Posted on 12 January 2020
TDS under 194C applies if payment of printing charges exceed 1 lakh during the year to any single printer or any single bill payment exceed Rs 30000/- to any printer towards printing charges.
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On 12 January 2020 at 17:15
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11 Points Posted on 12 January 2020
Yes you need to charge 1 or 2% tds
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On 12 January 2020 at 20:30

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