TDS ON COMPENSATION PAYMENT?
This query is : Resolved
RAJAT KALRA
(Querist)
03 April 2008
Whether TDS should be deducted on the compensation amount paid to the land owner for not making the payment to him in time?
if yes under which section?
if yes under which section?
S.Srinivasaraghavan
(Expert)
03 April 2008
What is the exact wording of the terms and condition that require payment of this compensation?
05 April 2008
No,
..No TDS will be deductible from such payment.
because this is a penalty only and not a commission.
..No TDS will be deductible from such payment.
because this is a penalty only and not a commission.
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