Easy Office
Easy Office

Section 194Q On fixed assets

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 February 2023 Sir/Madam,
Is deduction u/s 194Q applicable on fixed assets (Movable) purchased for an organisation if it exceeds specified limit ?
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
08 February 2023 Yes, the rule is applicable even to capital goods purchased.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links