I have purchased a Machinery imported from Abroad where Clearing agent charged Service Tax on which service tax is deductible at 2% So my question is that what it will impact to my accounts and income tax wise where it will disturb me more ..........................?
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What if no want of deducting TDS on purchase of Fixed asset
Replies (2)
SIR,
ALL THE EXPENSES RELATED TO GET THE MACHINERY AT BUSINESS SITE R ADDED TO THE COST OF MACHINERY
IN ACCOUNTS AND ALL
THE PURCHASED AMOUNT IS INCLUSIVE OF ALL THE EXPENSES RELATED TO ACQUIRE THE MACHINERY LIKE SERVICE TAX ETC.
and sir plz make subjects according to ur query
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