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Tds on capitalised expenses

This query is : Resolved 
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(Querist)
05 September 2024 If contract expenses are capitalised by deductor /payer ( ie.not debited to prof loss of deductor,) does deductor have to deduct 194c?

My view yes because it's it's still income of deductee/payee.

Also 194c plainly says deduct .
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
05 September 2024 Yes, need to deduct TDS in all such cases.
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Kunjan

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Kunjan (Querist)
05 September 2024 yes, deduct but no need to disallow u/s. 40 as 40 is only for exepnses .ty
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
05 September 2024 You are welcome.
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