income tax on printed materials

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is income tax is applicable on printing of stationary ?
Replies (9)

income is applicable on toral gross income in year 

not on any material

where as gst is applicable on printing and stationery 

I am working in institution we buy answer sheet from vendor and printed the name of our institutions and other instructions of exam on the answer sheet . my question is this we have deduct income tax on that printed materials ?

that is tds not income tax 

tds is tax deducted at source apply for cartain services

like contract professional rent etc 

find out what kind of service u r providing 

i think priting and stationery may comes under contract

if not supply material or give service 

kindly tell me section which give me more clearly?
plzz mujhe bhi d do
If you purchase papers from vendor and print the institution name and supply it to institution then no need to deduct TDS.
Actually section 194C deals with contracts.
But it have exception
i.e.., work does not include manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from a person, other than such customer.

example:-
If you are getting papers from institute, and printing on them and supplying them to institute.
Then TDS is applicable

If you are purchasing paper from stationery shops (vendors), printing on them and supplying them to institute.
then TDS is not applicable.

I think it is clear now.
Yes it's applicable u/s 194C on printing job not in material.

Yes it's applicable u/s 194C on printing job not in material.

If given on job work.


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