WHETHER TDS IS APPLICABLE ON CAPITAL EXPENDITURE


This query is : Resolved 

Quick Summary
This discussion clarifies the applicability of Tax Deducted at Source (TDS) on capital expenditure. It confirms that TDS is indeed applicable to capital expenditure, regardless of whether it's treated as a capital or revenue expense. While failing to deduct TDS on capital expenditure doesn't typically lead to disallowance in the current year, it can affect depreciation claims.

28 July 2023 whether any disallowance in current year if TDS is not deducted on capital expenditure
or depreciation is disallowed ?

28 July 2023 Not included in the block of assets hence Depreciation not allowed.

28 July 2023 whether any disallowance in current year if TDS is not deducted on capital expenditure?


28 July 2023 No disallowance only depreciation effect will be there.

28 July 2023 If any expenditure capitalized than also need to deduct TDS?

29 July 2023 Yes TDS applicable irrespective of capital or revenue expenditure.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query