TDS query

This query is : Resolved 

11 February 2009 If the architect fees are capitalised,
that is they are added to furniture and others ..
so shud TDS be cut as TDS on professional fees on architect fees if they are capitalised ?

11 February 2009 Yes TDS are required to be deducted even if expenses is capitalised otherwise penalty u/s 271C is levied and TDS is require to be paid accordingly

12 February 2009 No.


12 February 2009 Yes, TDS will be deducted on fees payable to architect irrespective of the nature of expense - whether capital or revenue.



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