Tds deducted or not in purchase of stationery

This query is : Resolved 

01 October 2013 In my Company purchase office stationery from a particular party , Please help me, i can deduct TDS Or not from his bills.

01 October 2013 If single bill payment exceeds Rs.30000 or aggregate payment in a year expected to cross the limit of Rs.75000 deduct the TDS under section 194C

01 October 2013 As per circular 715 dt 8-8-95

If printing and stationery is as per specific reasons then it is job work and 194C will be applicable,
if you purchase printing & stationery that is common nature then it is purchase and no TDS...



01 October 2013 You are not liable to deduct tds being stationery is not falling u/s 194C. You ar not required to deduct tds u/s 194C unless it includes any work or supply of labour. It is also nt falling any other section require you to deduct tds.

Saurabh



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