TDS on LAnd Development Cost

Dear All,

Is TDS applicable on land development cost paid? actually there was no contract for such development? Even if its applicable, then under which section will it be assessd?

Chetan

Replies (1)
Originally posted by :Chetan Desai
" Dear All,

Is TDS applicable on land development cost paid? actually there was no contract for such development? Even if its applicable, then under which section will it be assessd?

Chetan
"

 

If a contract is been entered for Land developing, then it is appliacable u/s 194 C.

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