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TDS to be made on intrest capitalised

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(Querist)
30 May 2008 whether TDS should be made on the intrest paid on the debentures when such intrest is capitalised.
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CA. Yayati Tyagi

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CA. Yayati Tyagi (Expert)
30 May 2008 it makes no differnce on ur liablity to deduct tax, whether u capitalise it or book as exp.

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