Refund of TDS under 194LA

I think ITR 2 will be filed because there is no income from business & profession.

Dear Mr. John,

from my point of view u have to fill ITR-4, u also consider, under which section tds deducted by the payer

The above income will be taxed under capital gains section 45(5) and capital gain will be calculated after deducting indexed cost of acquisition ITR 2 will be applicable for the same

Sirs,

May I elaborate my original question a bit. The lady has no income. No job. No profession. A portion of her agricultural land was acquired by  the Governemnt for the NTPC. It is the value of the land so acquired by the govt. Thre value received is 540000/- Rs 54000/ i.e 105 is collected as TDS under 194 LA. Whether she will get a refund of the same.Form No 30 requires that the request should be accompanied by the return of income. Now which form she has to use?. Under which head the same is to be included. How the tax calculated and refund claimed.

Kindly advice

John Joel

my assesee is amount 11,80,191/- received by gov. tds 10% 118019. under 194AL this amount is Refudable

my assesee is amount 11,80,191/- received by gov. tds 10% 118019. under 194AL this amount is Refudable

Hi sir,

in which form should the itr be filed and under which head we have to show this income? please leave me a reply