Tds
whether tds will be deducted on compensation recd on sale of crop on agricultural land?
Replies (2)
There is no provision by which TDS will be deducted on Agricultrual Crop. Even If you are referring to compulsory acquisition of land which is having crop, NO TDS is decuctible on agricultural land
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Originally posted by : Rajagopalakrishnan R totally agree with Mr raj gopal krishnan, no question arise for TDS deduction on agricultural income as the same is exempted income under income tax act and further there is no provision regarding deduction of TDS on compensetion of agricultural crops. |
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There is no provision by which TDS will be deducted on Agricultrual Crop. Even If you are referring to compulsory acquisition of land which is having crop, NO TDS is decuctible on agricultural land |  |
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