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Querist : Anonymous

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Querist : Anonymous (Querist)
28 April 2010 is annual maintanance charges are expense or current asset in nature? and how to account for this?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
28 April 2010 EXPENSES. CHARGE TO PL. DONT FORGET TO DEDUCT TDS U/S 194C
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CA Shiv

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CA Shiv (Expert)
28 April 2010 agree with sanjay sir....its an expense....
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