27 February 2009
Hi, Printing and Stationery will not attract TDS. As per Circular No. 681 dated 08-03-1994, Only labour contracts and works contracts are attracted and not sale of goods.
27 February 2009
But if the billing is bifurcated into material supplied and service charges, then TDS is to be deducted on service charges part @2% u/s 194C
27 February 2009
But mr. Vinayak as per circular no 715 dated August 8, 1995, section 194C will apply in respect of supply of printed material as per perscribed specification.
27 February 2009
But mr. Vinayak as per circular no 715 dated August 8, 1995, section 194C will apply in respect of supply of printed material as per perscribed specification.