Tds on compensation paid to employee in case of death
This query is : Resolved
Shyam Sundhar
(Querist)
02 January 2019
Please give me a solution regarding whether any tds has to be deducted on payment made to employee as compensation in case of death!
02 January 2019
In my point of view, The payment amount must fall under some specific heading but this compensation does not fall any specific heading . Further, TDS for compensation under Section 194LA refers to compensation inconsideration of acquisition of immovable property only. So in your case no need to deduct the TDS.
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