12 October 2012
We are getting printed item as per our requirement and logo.The printer charging VAT in their bill.Please let me know whether we have to deduct TDS from their bill and what is the threshold for deduction of TDS.
12 October 2012
If the required materials are purchased from market ie., other than from you, then it is not a 'work' as per the substituted section 194C ,w.e.f 01-10-2009, and accordingly no need to deduct income tax at source.