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194lla

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(Querist)
10 July 2012 Can you send details on sec. 194LLA
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CA PARAS BAFNA

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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/-.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
28 December 2012 section is withdrawn
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