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Tds can be capitlise?

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 May 2017 Indian company got services from foreign company on capital equipment, contract Rs.100000/- as per India IT rule TDS paid by indian company Rs.20000/-(20%). Rs.20000/- also can capitalize an Indian company.

R S HARI
hari.masri@yahoo.co.in
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CA Shubhanshu Jain

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CA Shubhanshu Jain (Expert)
06 May 2017 No, TDS should not be capitalised and only 100000 is to be capitalized

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