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Tds on binding charges

TDS / TCS 1239 views 1 replies

We are paying for binding documents /forms / signature card; in our company premises.

thread binding  

he is mentioning binding book - period & content name

i.e if he binds advertisement bills and approvals - he mentions advertisement charges and mentions period "from to"

Amount for year ...single bill is not above 30000/- but full year it exceeds 90000/-

Is TDS applicable & tds rate??

 

 

 

 

 

 

 

Replies (1)
As long as single bill is below 30000/- and aggregate during FY is upto 1 lakh then there is no TDS under 194C.

Otherwise it is applicable under 194C @ 2 % or 1%


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