TDS ON PORTION OF JOB WORK

1494 views 2 replies

 

  HELLO,

 

 ONE OF MY CLIENT IS DOING PRINTING JOB FOR BIG COMPANIES, HE IS INDIVIDUAL AND LAST YEAR HIS BOOKS OF ACCOUNTS WERE AUDITED U/S 44AB. IN HIS PURHCASE BILL IN DELHI, VAT IS APPLICABLE ON 80% OF THE BILL REAMINING 20% IS TREATED AS JOBWORK. THE AMOUNT OF SUCH JOB WORK EXCEEDS RS. 50,000. IS TDS  APPLICABLE ON THAT.

 

THANK YOU.

Replies (2)
Yes. TDS is deductible on such portion of jobwork/labour job under section 194-C.
shayad ,ab printing job per tds liabilty hut chuki hei


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