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Tds on printed bags ?

avinash singh (Student) (122 Points)

16 February 2015

We gave a contract for Printing a name for school bags,

is TDS applicable ??

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13 Replies

samkit ( ) (43 Points)
Replied 16 February 2015

if only printing work is to be done by other party and bags are provided by you then provsion of 194C will apply.

1 Like

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Arif Ali (Apt Co Advisory) (1230 Points)
Replied 16 February 2015

Hi Avinash,

if printing work is done by some other on contract basis, then it falls under work contract then accordingly TDS u/s 194C will apply.

Ashok J (CA Final) (880 Points)
Replied 16 February 2015

Hi...It depends upon nature of business activity or transaction. If you are a trader in bags, you can treat it as purchases and avoid TDS. If not, TDS on contractors will apply.

monika ahuja (Student CA Final ) (85 Points)
Replied 16 February 2015

Yes TDS 194 C aplicable

Ashish (Accountant) (44 Points)
Replied 16 February 2015

Its a job work so 94C Applicale. BT depend on payment limit.

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Ramanuj (Accountant.) (834 Points)
Replied 16 February 2015

Dear all

Tds is applicable for printing becuse its come under contract basis so tds is duducted u/s 194c.

Thanks

RAMANUJ

CA KAMAL KUMAR (new delhi) (35 Points)
Replied 16 February 2015

Yes tds is applicable u/s 194c... as it is comes under contract and definition of job work.. bt if limit of payment is not incresed then it will not be deductable....

NILADRI SEKHAR RAY (B.Com) (112 Points)
Replied 16 February 2015

TDS U/S 194C aplicable.

If You provide the printable meterial then TDS deductible on printing value only. If printer raised on his Invoice including meterial & printing cost then TDS deductible on gross value.

CA KAMAL KUMAR (new delhi) (35 Points)
Replied 16 February 2015

Yes tds is applicable u/s 194c... as it is comes under contract and definition of job work.. bt if limit of payment is not incresed then it will not be deductable....

preeti (accontant) (30 Points)
Replied 16 February 2015

yes section 194 c will be applicable on printing on school begs

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CMA Vivek Jaiswal (Cost Accountant) (28 Points)
Replied 16 February 2015

Please explain the proper provision

Vishal Goel (Chartered Accountant) (1693 Points)
Replied 17 February 2015

Originally posted by : Ashok J
	Hi...It depends upon nature of business activity or transaction. If you are a trader in bags, you can treat it as purchases and avoid TDS. If not, TDS on contractors will apply.

Please explain how we can treat as purchase & avoid TDS.

Ashok J (CA Final) (880 Points)
Replied 17 February 2015

If you are a trader in bags, a customer (school) approaches you and orders bags with a specification for printing of some name. When you are purchasing goods, you can speicfy the same requirement to your supplier. You will purchase the bags with name printed on it. The payment is made towards purchase of bags...There is no tds on purchases...