TDs disallowance
This query is : Resolved
06 January 2011
Case :- Building is under construction of a company. Company has given a contract for painting of building. But company failed to deduct tds as per sec. 194c.
All the expenses incurred till the asset is put to use should be capitalised. Painting expenses of the building is capitalised. But no TDS has been deducted by the assessee.
Question : can Assessing Officer disallow depreciation portion of building as no tds has been deducted
All the expenses incurred till the asset is put to use should be capitalised. Painting expenses of the building is capitalised. But no TDS has been deducted by the assessee.
Question : can Assessing Officer disallow depreciation portion of building as no tds has been deducted
06 January 2011
AO TDS may raise demand of TDS u/s 201 with Interest and penalty.
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
- Nursery business
- Tax on Amount transferred in HUF Account
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Intimation under section 245
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
