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Tds on fixed asset


18 June 2016 sir
i want to know one thing if company have factory building i will construct a new building i will make agreement with MR.V as a contractor i provide all material but i pay only agreement amount ( labour charge i not paid that include of agreement amount not show separately ) i want to deduct TDS or not give me the suggestion

18 June 2016 yes TDS apply on the contract value under section 194C

20 June 2016 but we are not clime depreciation




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