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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

TDS u/s 194LA - The buildings do not form part of the ...

Case Laws     Income Tax

August 5, 2016

TDS u/s 194LA - The buildings do not form part of the agricultural lands or at any rate have not been shown to be in the nature of small farm houses or godowns for agricultural operations. The Tribunal therefore, committed an error in reversing the orders of the revenue authorities with respect to the applicability of section 194LA qua the compensation for the buildings. - HC

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