Allicability of TDS

[shubham sinha]

Dear Sir , A State Society made payment of ₹ 1385000/- in 2013-14 (rate decided through tender) for printing and supply of books without deducting TDS . Is there any liability to deduct TDS and which rate?

AI Summary

State Society Failed to Deduct TDS on Book Printing Payment; Section 194C Applies for Fiscal Year 2013-14 A State Society made a payment of 1,385,000 in the 2013-14 fiscal year for the printing and supply of books, without deducting Tax Deducted at Source (TDS). The query addressed whether there was a liability to deduct TDS and at what rate. The response provided indicated that TDS should be deducted under Section 194C of the Income Tax Act.