Rajagopalakrishnan R
(PARTNER)
(1422 Points)
Replied 10 August 2015
There is no provision by which TDS will be deducted on Agricultrual Crop. Even If you are referring to compulsory acquisition of land which is having crop, NO TDS is decuctible on agricultural land
ish kumar sharma
(Sr. Manager Accounts & Finance)
(301 Points)
Replied 11 August 2015
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Originally posted by : Rajagopalakrishnan R totally agree with Mr raj gopal krishnan, no question arise for TDS deduction on agricultural income as the same is exempted income under income tax act and further there is no provision regarding deduction of TDS on compensetion of agricultural crops. |
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There is no provision by which TDS will be deducted on Agricultrual Crop. Even If you are referring to compulsory acquisition of land which is having crop, NO TDS is decuctible on agricultural land |  |
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