Compensation for house acquired

152 views 2 replies
compensation for house demolition paid by ADM land acquisition but in passbook entry from NHAI- amount 20,00,000/- but no tds deducted on this amount.

compensation for land on which the above house was situated paid separately amount 12,00,000/- by ADM land acquisition but in passbook entry by NHAI, TDS deducted under 194LA.

above is for one assessee for f. y. 22-23 , 54F available upto 15 lakh.

what will be the tax treatment for above compensation received for demoltion of house?
Replies (2)
Pls post passbook details.
Compensation is received from nhai


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register