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 / govardhan c. dhongadi
yes we have to deduct tds as its not direct purchse its a
contract given for fulfiling the company needs so its come
under the section 194C & tds should be deducted on gross
amount i.e including vat.
Is This Answer Correct ? | 7 Yes | 5 No |
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