TDS is applicable on Fixed Assets?

Page no : 2

R M Malhotra (A M) (61 Points)
Replied 06 March 2011

Dear Sir,

Stamp Duty paid on finance of the new assets purchase should be capitalized or treat as regular expenses ????????

Regards

CS Palani Samy G (Asst. Manager-Finance) (23 Points)
Replied 13 July 2011

What is Fixed Asset?..

How to account the Fixed Asset & Provision of Depreciation

sajay kumar (IPCC STUDENT) (162 Points)
Replied 13 July 2011

it is clearly clear that purchase of assets will not attract tds laibility

Srinivas Vayuvegula (Sr.Manager - Accounts) (33 Points)
Replied 18 January 2012

To :

Dear Colleagues,

Our Company has purchased Land at Parawada Mandal - Visakapatnam,

Later we are received a bill for the Reimbursement of Fixed Expenses for the period ------ to -----.

Have we to deduct TDS on this Reimbursment Expenses. Request to clarify.

Srinivas

vipul goyal (.) (33 Points)
Replied 26 April 2012

I have another confussion that, is TDS to be deducted while paying instalments under lease transactions? If yes then why?

arjun (ca) (31 Points)
Replied 28 June 2014

also depreciation expenses claimed will be disallowed

Sourabh Katiyar (-) (111 Points)
Replied 28 June 2014

No TDS on Fixed assest, but on purchase of Immovable property yes. U/s 194LA

Prachi Bansal (3129 Points)
Replied 15 April 2021

can someone tell me the depreciation rate on a loading van that is being used in the office?

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