Is TDS deductible on Installation charges paid while acquiring an asset ???
3 Replies
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 25 June 2011
if it is in the shape of contract with person other than the whome asset is purchsed than yes
valji
(Accounts manager-MBA)
(2150 Points)
Replied 25 June 2011
installation charges are applicable for TDS under sec 194C
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