Easy Office
LCI Learning

Tds is on Expense or Asset under 194C

Page no : 2

Eswar Reddy S (CFO- at NHTF) (58263 Points)
Replied 13 March 2022

Depreciation is already disallowed under companies Act & allowed only IT depreciation.

What do you mean by disallowance ?

Do you mean duplicate disallowance ?

Manish (CA) (1128 Points)
Replied 15 March 2022

Originally posted by : Eswar Reddy S
Depreciation is already disallowed under companies Act & allowed only IT depreciation.What do you mean by disallowance ?Do you mean duplicate disallowance ?

I only meant that the tax depreciation is not allowed.


Eswar Reddy S (CFO- at NHTF) (58263 Points)
Replied 15 March 2022

But there is no such provision of capital expenditure disallowance for non deduction of tax


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Join CCI Pro


Subscribe to the latest topics :

Search Forum: