Tds payment on compensation and ex-gratia against tress,fish
This query is : Resolved
22 April 2014
Dear All,
A purchase the Immovable property for starting the business and the B (seller) received the Compensation and ex-gratia against trees,raitya status,flower trees excluding the cost of landed property.
so TDS will be deduct or not.
Kindly give your valuable suggestion.
Regards
Nidhi Agarwal
ACS
A purchase the Immovable property for starting the business and the B (seller) received the Compensation and ex-gratia against trees,raitya status,flower trees excluding the cost of landed property.
so TDS will be deduct or not.
Kindly give your valuable suggestion.
Regards
Nidhi Agarwal
ACS
27 April 2014
yes, nidhi tds will be deducted at rate of 1% if consideration exceeds 50L. for details ready 194LA
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