We make payments to printers for company letter heads and visiting cards. Will TDS be applicable on such payments under 194C.
ashish gupta ( student) (1922 Points)
05 November 2011We make payments to printers for company letter heads and visiting cards. Will TDS be applicable on such payments under 194C.
Member
(Management)
(325 Points)
Replied 05 November 2011
This is a contentious issue, and there are varied decisions on this issue. There was a decision by the Chennai ITAT in Department's favour, if I remember correctly. Err on the safe side.
valji
(Accounts manager-MBA)
(2150 Points)
Replied 05 November 2011
TDS IS APPLICABLE ON PRINTED MATERAIL IF PRINED AS PER YOUR SPECIFICATION,VISTING CARDS & LETTER HEAD ARE NOT APPLICABLE ON TDS
READ CIRCULAR OF TDS UNDER SEC 194C
ALSO CHECK VIEW OF OTHERS