TaxTMI 
TaxTMI 
Dear Sir,
Can you please explain
1) How do I decided whether TDS to be deducted or not on any Invoice received from Vendor.
2) Do I need to deduct a TDS on printing stationer zerox and muncipal taxes.
3) what is basic of TDS
TDS TO BE DEDUCTED
31 Oct 2015 
3 Replies 
2292 Views Asked by
Guest 
TDS applicability on payments: deduct only for service consideration; excludes security deposits and routine purchase items.
TDS is required when a service is received and the payment to the service provider is made, with deductions under specific heads such as contract, professional services, rent, and interest and basic exemptions for each; purchases like printing and stationery are not treated as services and attract no TDS, and security deposits are viewed as non-consideration and therefore not subject to TDS when paid or returned. (AI Summary)
TDS is required when a service is received and the payment to the service provider is made, with deductions under specific heads such as contract, professional services, rent, and interest and basic exemptions for each; purchases like printing and stationery are not treated as services and attract no TDS, and security deposits are viewed as non-consideration and therefore not subject to TDS when paid or returned. (AI Summary)