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Tds will dedcutable or not

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 March 2016 We have purchase fire safty items with instalation chg. vat has charged by them on 100% value and service tax chg. by them on 40% on inv. value . can any body confirm that tds dedcution is applicable or not
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Ankur Singhal

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Ankur Singhal (Expert)
23 March 2016 Dear
From the facts reproduced by you it seems as an asset is purchased.
Hence no TDS to be deducted the installation charges will be capitalised.
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Amol S Joglekar

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Amol S Joglekar (Expert)
24 March 2016 TDS is not applicable in this case.
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