Tds on capital expenses

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 October 2016 Dear All
I need your valuable guidance as to weather TDS is deductable on capitalized expenditure or not i.e. machinery installation charged paid to
Vendor Rs. 40000/-

Thanks,
Mukesh Jain

Sandeep Dharar

Sandeep Dharar (Expert)
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27 October 2016 If there is a separate bill, for installation charges then u must deduct TDS u/s 194C.

Querist : Anonymous

Querist : Anonymous (Querist)

27 October 2016 Sir.
Assume if i have not deduct the TDS on this capital expenses then what will be consequences however if tds is
pertain to revenue exp. Then AO will disallowed the 30% of expenses. In this case what the AO will disallowed.........

Your views pls,