Is TDS deduductable on construction
expenditure which is capitalised in books if total expenditure including labour and materials exceeds 30000 in a single transaction under 194c
Yes.
.
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 21 November 2021
Yes TDS is applicable
JEEVAN THOMAS THAMPY
(STUDENT)
(37 Points)
Replied 21 November 2021
If labour portion is not shown separately how is to deduct tds on that bill.?
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