can we deduct the tds on purchase of computer, server?

Answer Posted / m.sasikumar

NO....

It is service provide basis we cant deduct the TDS

Is This Answer Correct ?    3 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the deductions under salary head? Name the items.

642


what is the objective of business taxation in private company?

2113


What are the basic and additional conditions for resident and ordinarily resident (ror)?

814


Please tell me the process of generation of TDS in Tally ERP-9 with an Example

2513


Is sales against H Form Either in Punjab or out of Punjab treated as Zero rated sales in vat 15 form in Window showing as Break up of Zero rated sales: Direct export out of country; Sales against H Forms Or it is treated as seprate

3160






What doyou mean by assesment order? and for what purpose it will be passed?

1597


Differentiate between financial year, assessment year and previous year?

808


i dont no what is tcs and tds what the use and how to calculate Tcs&Tds

1563


Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///

1518


What are Excise Duty rates for Fin.Year 2009-10 for Pesticides and Chemicals Industries.

1894


Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

1482


If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.

1477


Can u provided all the dues date and depositing date which are used in general manner or Income tax..

1276


Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?

1701


what is rate of different service tax in haryana

1334