our company purchase glow sign board from vendor is TDS applicable on that charges?
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Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) applies to payments made for glow sign boards. It confirms that TDS is indeed applicable on such charges. The relevant section of the Income Tax Act, 1961, is Section 194C, which governs TDS on payments to contractors and sub-contractors, with rates typically at 1% or 2% depending on the specifics of the contract.