WHETHER TDS IS APPLICABLE ON CAPITAL EXPENDITURE

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Suresh S. Tejwani (Querist)
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28 July 2023 whether any disallowance in current year if TDS is not deducted on capital expenditure
or depreciation is disallowed ?

CA R SEETHARAMAN (Expert)
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28 July 2023 Not included in the block of assets hence Depreciation not allowed.

Suresh S. Tejwani (Querist)
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28 July 2023 whether any disallowance in current year if TDS is not deducted on capital expenditure?

CA R SEETHARAMAN (Expert)
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28 July 2023 No disallowance only depreciation effect will be there.

Suresh S. Tejwani (Querist)
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28 July 2023 If any expenditure capitalized than also need to deduct TDS?

CA R SEETHARAMAN (Expert)
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29 July 2023 Yes TDS applicable irrespective of capital or revenue expenditure.

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