Is TDS deductible on Installation charges paid while acquiring an asset ???
Nupur Sharma (CA) (426 Points)
25 June 2011Is TDS deductible on Installation charges paid while acquiring an asset ???
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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