our client gets his vouchers, visting cards, registers for specific purpose, etc printed from a printing press.The printing press owner uses its own papers and other material in addition to the printing work. Now my ques is wheather we deduct TDS on such type of work under sec 194(c)of income tax act or not. Also some body had told me that when the person (refer to printing press above) delivers the goods as per our specification than the work done as per our specification is not leads to deduction of TDS.
If Cenvet CRedit is taken on an Item under Capital goods head..Is it necessary that the said item should also be treated as Capital goods in Accounts despite the fact that the said is an Stock item & not a Fixed Assets.
Plse clarify...
respected sir,
x ltd purchased good from y ltd ex-mill freight was to be paid by the x ltd ie purchasing party freight bill amt rs 30000 out of which x ltd got rs 6000 as discount so on which amount tds is to be deducted whether it is deducted on the gross amt ie rs 30000 or on net amt ie rs 24000 plese explain
Dear Sir
From where can i dowmload "General Accounting Software" Launched by The Institute of Chartered Accountants of India (ICAI).
thank u sir
rajesh
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Thank you,
Balakrishna
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
TDS on Printing of vouchers