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TDS in case of printing of stationery

This query is : Resolved 

27 February 2009
We purchase stationery i.e lettr head, challan register, and other specific register from our supplier.

Please advise whether TDS would be deducted or not

REgards
Yogesh gupta

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.

Please advise

REgards

Yogesh gupta

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.

Please advise

REgards

Yogesh gupta

27 February 2009 Favorable Citation:-Wadilal Diary International Ltd Vs.ACIT (2001)70 TTJ 77 (Pune-Tri)

Unfavorable Citation:-ITO Vs. Narmada Cement Co Ltd (2003) 81 TTJ 955(Pune-Tri)



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