TDS ON PRINTED STATIONERY

TDS 936 views 2 replies
WE HAD GIVEN ORDER FOR PRINTING OF LETTERHEADS WITH MATERIAL. WHETHER TDS UNDER INCOME TAX ACT IS APPLICABLE & WHAT IS THE TAX RATE.
Replies (2)

WE THE LIMITED COMPANY TAKEN TERM  LOAN FROM AXIS BANK LTD.  WE HAVE TO PAY PROCESSING FEES FOR SAID LOAN. WHETHER TDS IS APPLICABLE & WHAT IS THE TAX RATE.

TDS is applicable on Contract u/s194C in your case of printing stationary.

The rate is 2%+Surcharge+Cess.

If payment is made to Corporate assessee,surcharge limit is ! crore.

If payment is made to Individual or Huf, surcharge limit is 10Lakh.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register