TDS on Capital expenditures

TDS 1136 views 4 replies

 Hi,

Can anyone provide me the case law in support for deduction of TDS on capital expenditure such as installation charges, contractor payment for construction.

Replies (4)

For you it is capital expenditure, But on behalf of installation and others works gerated income is main source of income to the other party, automatically it will attract TDS, according to their contract or consultancy.

 

 

Hi,

Can you please provide any case law in support for this.

And if TDS is not deducted on capital expenditure than what is the impact on disallowability of depreciation. Also provide case for it.

 

office renowation is detuctable under tds

 Hi Prabhu,

You are absolutely right but can you provide any case law in support for it.

What about installation of machinery and its impact on depreciation if TDS is not deducted.


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