Tds is on Expense or Asset under 194C

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Depreciation is already disallowed under companies Act & allowed only IT depreciation.

What do you mean by disallowance ?

Do you mean duplicate disallowance ?
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Depreciation is already disallowed under companies Act & allowed only IT depreciation.

What do you mean by disallowance ?

Do you mean duplicate disallowance ?
Originally posted by : Eswar Reddy S
Depreciation is already disallowed under companies Act & allowed only IT depreciation.What do you mean by disallowance ?Do you mean duplicate disallowance ?

I only meant that the tax depreciation is not allowed.

But there is no such provision of capital expenditure disallowance for non deduction of tax


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