IS TDS UNDER SECTION 194LA TAXFREE AND HOW TO GET REFUND
CASE IS AS FOLLOWS:
1. COMPENSATION OF COMPULSORY AQUISITION OF WELL AND BOARING IN AGRICULTURE LAND.
2.AQUIRED BY RIICO(GOVT.)
TDS BY GOVT. ON 720692 AT 10.3% AMOUNTED TDS 74231.
I FILE RETURN AS EXEMPT INCOME AND CLAIM FOR TAX REFUND ON ENTIRE AMOUNT.
IS IT NECESSARY TO SHOW IN ITR AS EXEMPT INCOME OR NIL TAXABLE INCOME.