TDS
This query is : Resolved
10 June 2010
Sir/Madam,
I have a doubt like when u deduct TDS while making payment to a contractor who has constructed a Civil capital asset i should capitalise the net amount after tds or before tds? I think its before TDS just like we book expense...... Am i right?
I have a doubt like when u deduct TDS while making payment to a contractor who has constructed a Civil capital asset i should capitalise the net amount after tds or before tds? I think its before TDS just like we book expense...... Am i right?
10 June 2010
No,It Should be before deducting TDS which is gross amount need to capitalise
10 June 2010
AGREE
12 June 2010
Sir even i meant the same na.... I.e before TDS....... Anyways thank you soooooooooo much for replying.........
Message likes :
1 times
12 June 2010
Yes you were absolutely correct.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Exiting partner in partnership firm in gst portal
- CLOSING STOCK QUERY
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Error in uploading Form 10BD
- Banking Related Issue
- Difff in ais receipts and gst turnover
- Loss of interest in PF transfer from EPFO to Trust
- ITR-3 File/Error Found
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Gst on travel by air for business purposes
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
