TDS on Brochures Printing

Others 1303 views 10 replies
How much TDS to be deducted for an Invoice Amount of 12 lakhs ?
Replies (10)
Is it Contract work given to Contractor?. please elaborate in detail .
It will be deducted u/s 194C

how much %age to be deducted?

It is not clear from your side that , is it Contract work given to Contractor or not ?.

It's a one time order given to them not a permanent contract

Another query

Should we deduct tds on sand supply by an unregistered person? if yes how much %?

1) In  Case of  Brochure  printing  work was  given  to contractor ,   then  you have  deduct  TDS  @ 1.5%  under section 194 C of the Income Tax act 1961 ,  revised  TDS relaxation   rate  applicable  form 14/5/2020 to 31/32021  due  to pandemic please  confirm from Income Dept  web site   . 

2)   Is  sand supplier  Contractor  ?.  if  yes  then same  as above deduct  TDS @ 1.5% under section 194C  of the I.T act . 

Thanks for reply for Query 1.

Query 2 is a regular supplier contractor only but no official contract was taken, also he cannot provide any bill for supply.

But since tds also to be deducted pl confirm how much % age to be deducted?

 

Invoice  or  Bill  of  supply  is   must  to  proceed  further  even though  he is   unregistered .  How can we  deduct  TDS  without  Invoice ?  . 

Sir , Also  TAN  number of  income  Tax  Dept  is  required  to  deduct   TDS  .    


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