Tds on capital expenses
Querist : Anonymous
I need your valuable guidance as to weather TDS is deductable on capitalized expenditure or not i.e. machinery installation charged paid to
Vendor Rs. 40000/-
Thanks,
Mukesh Jain
Querist : Anonymous
Assume if i have not deduct the TDS on this capital expenses then what will be consequences however if tds is
pertain to revenue exp. Then AO will disallowed the 30% of expenses. In this case what the AO will disallowed.........
Your views pls,
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