28 November 2019
TDS has been deducted on expenses made but not paid before filing of IT return on due date, but the same expense is capital in nature as payment is made to contractor for building & thus it has not been expensed but capitalised to Building account (fixed Assets)
Is Disallowance u/s 40(a) for the same is applicable for non deduction of TDS.
1.What if depreciation is claimed on building? 2. What if depreciation is not claimed on building?
CAclubindia
