TDS on Printing of Books.

This query is : Resolved

Rohit Kumar (Querist)
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19 October 2009 Hi,,,,

Can any one clearify that TDS is deductible on printing of Books the bill amt. of the party is 36,000/- and is charging VAT @ 4%. can I deduct the TDS and what is the rate of that the bill date was in Oct.09.

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
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19 October 2009 If the Bill provided to you says that it is for supply of books then tds is not applicable as it becomes sale.

If the Bill says that printing and supply of books then tds is attracted. The rate of TDS will be 2%.

K V Subba Rao

K V Subba Rao (Expert)
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19 October 2009 Please check the following link

http://www.taxmanagementindia.com/wnew/detail_rss_feed.asp?ID=931

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Rohit Kumar

Rohit Kumar (Querist)
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19 October 2009 Thanks Sir,
FOr Your early reply

Thanks Allot.