banner_ad

Tds on enhanced compensation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 July 2013 tax deducted on enhanced compensation under compulsory acquisition of land in AY 2013-14 and compensation received only on 17/7/2013. n which year it is taxed. If it is assessed in the year of receipt then what abt tds claim? if it is allowed in AY 2014-15 then what about interest on income tax refund.
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
18 July 2013 It is taxable on reciept basis and will be taxed in AY 14-15.

TDS will be dedcuted when you recieve the compensation or enhanced compenstaion.
Profile Image

Hemant Kumar

Profile Image

Hemant Kumar (Expert)
18 July 2013 Agree with expert.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details