banner_ad

Tds on labour & mistri payment

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 December 2013 We are Proprietorship manufacturing concern holding factory on lease. in factory two Rooms are constructed for Factory staff in which we paid Rs.150000/- for labour & Moistri to one of the head of labour in various date by cash below Rs.20000/-.However we have managed to purchase & used own material by ourself. we are governed u/s 44AD of I.Tax act.
1)Shall we required to deduct TDS for payment made to head of labour for Labour & Mistri work carried out by them.
2) We have factory on lease so shall we capitalise all exp or not.
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
11 December 2013 1.yes as tds provision is also applicable in case of sec 44AD case also.

2.Only if the exp increases the life of the asset.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details