SEO Sai Gr. Hosp.
211604 Points
Posted on 30 September 2021
1. Firstly, TDS u/s. 194LA is not applicable over agricultural land.
2. For non-agricultural land also, if the acquisition is under RFCTLARR, 2013.. the compensation awarded is totally tax exempt (unless acquired under sec. 45 of act)
3. File ITR 2.