Tds
Querist : Anonymous
Tax is required to be deducted only in case those expenditure which has been claimed by the assessee while computing the taxable income of the assessee. In case of capital expenditure, depreciation is claimed by the assessee. There is no requirement to deduct TDS in case of capital expenditure.
Please let me know if you need any clarification.
Thanks
Nitin
Mob: 9654857485
Expert : Anonymous
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