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T.D.S. URGENTLY

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28 August 2009 Could i deduct TDS for payment to printing stationary expenses ? , pls. guide me urgently

28 August 2009 Yes. You can deduct TDS on printing charges only. If the single bill exceeds Rs.20,000 or in aggregate during the year exceeds Rs.50000/-. But no TDS to be deducted on supply of printing material.

28 August 2009 TDS is not applicable on supply of material.
If the payment is to be made for printing charges then you should deduct as it is a contractual payment.


28 August 2009 Thank you Tarun & ravi

Also guide me if material & charges both included in one bill then what should be the treatment

28 August 2009 they should give a separate invoice for supply of material and printing charges.
otherwise, you can deduct on printing charges only as TDS is strictly not applicable on contract of sale of goods.

28 August 2009 agree with ravi


29 August 2009 No, I am not agree with above view. In acse, the bill is combined for both services and no bifurcation is given , then in that case you will have to deduct TDS on full amount. You can deduct tds on job work charges only when bifurcation is given.




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