Section 194-la


This query is : Resolved 

04 July 2012 what section 194-LA ? please tell me.

04 July 2012 TDS u/s 194LA is required to be deducted when an immovable property (other than agricultural land) is compulsory acquired under any law.

TDS will be deducted @ 10% at the time of payment of compensation or enhanced compensation.


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