We are generally give order to the printing company for
printing our uniqe file,calender,sovenour,answer
sheet,envelop etc, when company submite the bill it charge
the bill includes vat@4%, so can we deduct the TDS on total
invoice value or only cost amount (exclude the vat).
Answer Posted / teja chowdary
yes tds should be duductible as per sec 194c, because
company is not purchasing the preprinted files or calenders
etc.... rather it is a contract to fullfill the company
needs. Therefore TDS will be deducted on net cost .i.e.,
excluding vat.
| Is This Answer Correct ? | 15 Yes | 11 No |
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