TaxTMI 
TaxTMI 
The supply of visiting Cards/ letter heads/ notes as per sample prescribed is liable to TDS u/s 194 c or not. ??? The visiting Cards merely 500 Nos etc are supplied by the Seller irrespective of bifurcation of amount of materilas used and amount of printing charges etc. Kindly clarify.
payment for supply of materials as per prescribed specifications is liable to TDS u/s 194c
26 Jun 2012 
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TDS applicability for supply of items made to specification depends on whether the contract is a works contract or a sale.
TDS on payments for supply of articles made to prescribed specifications applies only where the arrangement is a works contract (fabrication or manufacture) and not where the transaction is a contract for sale in which property in the fabricated article passes to the purchaser on delivery; the CBDT clarifies that the contract's substantive character-allocation of property rights, timing of transfer, and contractual terms-must be examined before applying the TDS provisions. (AI Summary)
TDS on payments for supply of articles made to prescribed specifications applies only where the arrangement is a works contract (fabrication or manufacture) and not where the transaction is a contract for sale in which property in the fabricated article passes to the purchaser on delivery; the CBDT clarifies that the contract's substantive character-allocation of property rights, timing of transfer, and contractual terms-must be examined before applying the TDS provisions. (AI Summary)