Tds on contractor
This query is : Resolved
17 December 2012
Whether tds is to be deducted on payment to contractor for contruction of temporary shed(Fixed Assets).The amount is more than Rs.100000/-.Please reply
17 December 2012
TDS needs to be deducted u/s 194C.
17 December 2012
But the payment made to contractor is not an expense...it has been capitalised..
17 December 2012
Even then TDS needs to be deducted as the payment has been made to contractor. It is an expense but of capital nature.
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
- Credit rating model
- 115-BAC-for AOP-private discretionary trust
- Youtube income
- IN PAGHDI SYSTERM . RENT RECPT CHANGE OF NAME AFTER FAMILY PARENTS TO SON
- Insurance make against any item and later get insurance claim received
- Cgst asmt - 10
- If Material shift from dry port local egm details not refleting on ICE gate portal
- Surcharge applicability on LTCG loss
- ITR-U for AY21-22
- CAN a GSTIN registered under rule 14A opt for composition scheme without withdrawal from rule 14A ??
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- GST ON PERSONAL MOTORCAR SOLD
- Cash gift by grand mother to her grand daughter
- APPLICABILITY OF RCM ON MAN POWER SUPPLY BY UN REGISTERED PERSON TO REGISTERED PERSON.
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
