Tds on capital assets
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 August 2011
purchase of musical insturment of RS. 221550 by company.......please suggest the tax liabilty of this amount..
01 August 2011
There is no tds on purchase of material or instrument irrespective of its treatment i.e. capitalised or stock or consumables.
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