TDS On Capital Expenditure/Payment
Read the section.. then u will know..
Can we please get a clear idea about the same???
If the payment falls withinh the scope of the Section, TDS shall be deducted.
For instance, TDS u/s 194C is to be deducted on payments made to a contractor.
Construction of a building is a capital expenditure, but TDS is required to be deducted on such expenditure.
So, nature of expense is to be seen and not whether it is capital or revenue.