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Enhanced compensation on acquisition of land

This query is : Resolved 

20 September 2012 dear sir one of my relative has received Rs. 18 lacs as enhanced compensation on acquisition of agriculture land by HUDA ( govt.organisation). TDS is deducted @ 10%. now i want to know whether the so deducted TDS can be refunded or not and whether enhanced compensation is different from compensation on acquisition of agriculture land.

20 September 2012 Credit for TDS deducted is to be claimed.
If it is purely amount of enhanced value of agri. land not a capital asset will not attract tax. If it includes amount of interest on delayed payment that portion will be treated as income.


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