Hi,
As per Income Tax Act Sec 194LA TDS has to be deducted from the compensation given to the landowners whose lands were acquired by Government. In the following circumstances the Land Acquisition Officer may not able to deduct the TDS.
1. When the case been referred to Court u/s.18 of Land Acquisition Act (When the landowner prefers to have Higher compensation)
2. When the case been referred to Court u/s.30 of Land Acquisition Act (When the LAO Could not able to decide the owners)
(While in the both cases above the payment is made in court as per the provisions of Sec.31 of Land Acquisiton Act)
Pls tell me how to handle the above situation with case precedence.
G.Satyanarayanan
Revenue Inspector
CAclubindia
