TDS

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

03 March 2010
Sir,

My query regarding tds deduction on printing work.

One of our client(college)gave print order for printing exam answer book lets by printing his college name on top of book lets. Printer says that it comes under sale of white papers and they also paid vat on that. Our client not deducted TDS.

SEc. 194C definition of work was amended by fin act 2009. a.y 2010-11.

My query is in view of the amended definition of work u/s 194c, is it required to deduct tds on printing bill.

Shyam Lal Naik

Shyam Lal Naik (Expert)
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03 March 2010 It is a composite contract involving sale and service and not a sale contract simplicitor.

In the case of Annual Maintenance Contract
(AMC), which involves supply of spare parts as well, it has been clarified that the entire amount is exicligible to TDS u/s 194C.

The amended definition relating to exclusion of value of material is not applicable to the instant case.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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03 March 2010 Under sec.194C if the Printing materials issued by the customer.it is covered under works

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Querist : Anonymous

Querist : Anonymous (Querist)

04 March 2010 So, in case of printing works , if material purchased by printer and printed no tds is required. If material supplied by customer for printing, it attracts tds provisions. as per definition of work u/s 194c.

If any one had any expert knowledge in this issue please answer.

Swamy.K

Querist : Anonymous

Querist : Anonymous (Querist)

09 March 2010 I need experts comments in this issue.