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194lla (Income Tax)

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This query is : Resolved


( Author )
10 July 2012

Can you send details on sec. 194LLA


CA PARAS BAFNA

( Expert )
10 July 2012

There is no such Section Numbered as 194LLA in the present Income Tax Act.
.
However Section 194LA is there in the Act.
It deals with the TDS @ 10% on Compensation receivable under Acquisition of immovable property (Other than Agriculture land), where it exceeds Rs. 200000/-.
.



CA Devanshi Gandhi (Ajani)

( Expert )
28 December 2012

section is withdrawn



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