Thursday, 27 November 2014

Land acquired by mutual negotiation between parties won't attract TDS under sec. 194LA

IT : Where assessee had acquired land under Chhattisgarh Nagar Tatha Gram Nivesh Adhiniyam, 1973 by mutual negotiation hence, same could not be treated, as compulsory acquisition and provision of section 194LA would not be applicable


No comments:

Post a Comment