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Tds sec 194 la

This query is : Resolved 

17 November 2011 My question is , The former (kisan) has no income. No job. No profession. A portion of her agricultural land was acquired by the Governemnt for the BOT Road . It is the value of the land so acquired by the govt. There value received is 600000/- Rs. 60000/ i.e 10 % is collected as TDS under 194 LA. Whether he will get a refund of the same.? Now which form he has to use?. Under which head the same is to be included. How the tax calculated and refund claimed.
Kindly advice
Mahendra Jain 9826431358


17 November 2011 Return will be required to be submitted stating sale of agriculture land as agriculture income and refund will be claimed based on the same and you will also receive certificate from government for TDs deduction which you will have to use for getting credit of the said deducted TDS.


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