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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

TDS liability u/s 194LA - payments in lieu of the agriculture ...


No TDS on Payments for Barani Land Acquired by Development Authority u/s 194LA; Classified as Agricultural Land.

September 3, 2015

Case Laws     Income Tax     AT

TDS liability u/s 194LA - payments in lieu of the agriculture land acquired by JDA for carrying out its development plans - Barani land is a type of agricultural land which is clearly evident from Revenue regulations and record - No TDS - AT

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