TMI Blogtds on contract 194cX X X X Extracts X X X X X X X X Extracts X X X X ..... if i have construction the capital asseates(building)those work i have give to contractor.tn those case tds is applicable or not.& pls sent case law relared . - Reply By CA Rachit Agarwal - The Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... = TDS is applicable on the contract. It is not important that the contract is for Capital or Revenue item. If construction has been carried, then TDS will be applicable. However TDS will not be for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the amount of cement, bricks provided it is separately mentioned in the bill. Further it is recommended that separate bill should be raised for the cements and bricks if these are provided by the con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tract. Refer the Case of Associated Cement Co. Ltd. v. CIT [1993] 201 ITR 435 In case of non deduction of TDS, if the tds is on revenue expenditure, then the expenditure would be disallowed pursua ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt to Section 40(a)(ia). - tds on contract 194c - Query Started By: - amit r Dated:- 9-12-2010 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rt, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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