banner_ad

Tds will dedcutable or not

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 March 2016 We have purchase fire safty items with instalation chg. vat has charged by them on 100% value and service tax chg. by them on 40% on inv. value . can any body confirm that tds dedcution is applicable or not
Profile Image

Ankur Singhal

Profile Image

Ankur Singhal (Expert)
23 March 2016 Dear
From the facts reproduced by you it seems as an asset is purchased.
Hence no TDS to be deducted the installation charges will be capitalised.
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
24 March 2016 TDS is not applicable in this case.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


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 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

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

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details