Sir,
My client is a NGO and receives grants and carry out social welfare activities. They also print books. Now they have purchased paper in bulk costing rs 5,00,000, so whether there is need for deducting tds pls advise??
Prateek Jotwani (student) (201 Points)
24 August 2011Sir,
My client is a NGO and receives grants and carry out social welfare activities. They also print books. Now they have purchased paper in bulk costing rs 5,00,000, so whether there is need for deducting tds pls advise??
S Sivasalapathy
(Job)
(262 Points)
Replied 24 August 2011
If printing charges has been charged in bill seperatly, You can deduct TDS for that printing charges only otherwise tds is not applicable.