T.D.S required or not ?

This query is : Resolved 

30 May 2010 our company publishes the religious books. After printing of contents on papers, we send the papers to another company which does the work of binding, cutting, gumming, lamination work and other ancillary work to transform the bundles of paper into a book and send the books to us. that company issues the retail invoice and charges the VAT on lamination work,cutting charges and material used by it i.e gum, lamination paper etc.

Now, my question is that, do we require to deduct the T.D.S u/s 194c while making payment to that company or not ?
Futher explain is this job work exempt under I.T.Dept. notification?

30 May 2010 Yes, TDS is applicable u/s 194c. No exemption is allowed under IT Act.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries