Non deduction of tds
This query is : Resolved
Shashank Rawal
(Querist)
27 November 2013
If TDS is not deducted on an expd which is of capital nature on which depreciation is being claimed.
What are the tax implications ???
Ganeshbabu K
(Expert)
28 November 2013
No problem ..depreciation is allowed also
.
.
let me tell you depreciation is allowance and not a expence nature
.
.
and tds required to deduct if it is debited to profit and loss account ,,
.
.
let me tell you depreciation is allowance and not a expence nature
.
.
and tds required to deduct if it is debited to profit and loss account ,,
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