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TDS

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Querist : Anonymous

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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
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Guest (Expert)
25 May 2011
TDS is not applicable to Capitalized Assets.

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