TDS ON COMPENSATION PAYMENT?


This query is : Resolved 

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?

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.


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