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Regarding TDS u/s 194Q for goods purchased


05 February 2024 Respected Sir/Madam
Is TDS deducted u/s 194Q on Capital goods purchased? Normally as per goods we consider only goods we manufacture or resale not capital goods we capitalized in business?? So should we deduct on capex?? Kindly advice

05 February 2024 Yes, Sec 194Q also applicable for purchase of CAPITAL GOODS.



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