TDS is applicable u/s 194C, because printing Job work is done as per your requirement which comes under contract.
Deepak Tapse
(Accounts Manager - Taxation)
(1771 Points)
Replied 12 May 2010
TDS is applicable u/s 194C, because printing Job work is done as per your requirement which comes under contract.
Arpit
(Consultant)
(26 Points)
Replied 20 December 2011
TDS not required if material is not supplied by the customer as per 194C as amended by Finance Act No. 2 of 2009
SIDDHARTH KOTHARI
(N.A)
(280 Points)
Replied 13 January 2012
Please go through Sec 194C and 194J.
If the payment is made as contract payment then TDS will be made as per section 194C.
Explantion (iv) to Section 194C covneys that "work" includes Advertising.
As per section 194J includes following
1) Fees for professional services
2)Fees for technical services
3) royalty
As per the exlanation (a) to Sec 194J Professional Services means services rendered by person in the course of carrying leagal, medical , engineering or architectural profession or the profession of the accountancy or interior decoraton or ADVERTISING or such other profession as notified by Board for pupose of Sec 44AA or of this section.
So Please understand the nature of your transaction.and apply the provision accordingly.
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