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Default in TDS
We purchase Property but TDS has not been deducted. Then will we get the depreciation deduction on such property?
Replies (2)
Agree with @ vishesh surana but i want to correct something.
This transaction relates to 194-IA of income tax act and there's words given any immovable property (other than agricultural land).
This transaction relates to 194-IA of income tax act and there's words given any immovable property (other than agricultural land).
it's related to 194IA not 194IB
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