TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 May 2011
A company has purchased software amounting to Rs.1,50,000,same has been capitalised,whether Tds has to be deducted ,my point is Since it is a fixed assets ,tds should not be deducted,i just want a clarification on this
Guest
Guest
(Expert)
25 May 2011
TDS is not applicable to Capitalized Assets.
TDS is not applicable to Capitalized Assets.
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