Dear All,
Is TDS applicable on land development cost paid? actually there was no contract for such development? Even if its applicable, then under which section will it be assessd?
Chetan
Chetan D. (Management Accountant) (89 Points)
19 November 2009Dear All,
Is TDS applicable on land development cost paid? actually there was no contract for such development? Even if its applicable, then under which section will it be assessd?
Chetan
Narayanan.R
(Chartered Accountant)
(191 Points)
Replied 23 November 2009
| Originally posted by :Chetan Desai | ||
| " | Dear All, Is TDS applicable on land development cost paid? actually there was no contract for such development? Even if its applicable, then under which section will it be assessd? Chetan |
" |
If a contract is been entered for Land developing, then it is appliacable u/s 194 C.
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