TDS on buying of Machinery Shed & Civil Structural

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This discussion explores whether Tax Deducted at Source (TDS) under Section 194IA is applicable when purchasing machinery sheds and civil structures. The consensus is that TDS is indeed chargeable as it falls under the sale of immovable property. It's also noted that any TDS paid can be adjusted against future tax liabilities or claimed as a refund.

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Guest

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Guest (Querist)
05 July 2020 Is tds u/s 194IA chargeable on buying of Machinery Shed & Civil Structures. What will treatment for this ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
05 July 2020 Yes TDS applicable being sale of immovable property. You can adjust the TDS against any tax payable or get refund.
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Guest

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Guest (Querist)
21 July 2020 Thank You Sir, is there any case laws on the basis of my question. if there please provide the same.
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