TDS on Fixed Assets


This query is : Resolved 

(Querist)
29 October 2008 If I am going to capitalize a asset which is TDS deductable in otherwise situation i.e TDS will be applicable in FA also?

29 October 2008 TDS is applicable if TDS sections are attracted in respect of a payment irrespective of whether it is revenue or capital

29 October 2008 Agreed


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