194lla


This query is : Resolved 

10 July 2012 Can you send details on sec. 194LLA

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/-.
.


28 December 2012 section is withdrawn


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