Question ID :
36872
TAXABILITY OF COMPENSATION FOR ACQUISITION UNDER RFCTLARR ACT
COMPENSATION HAS BEEN RECEIVED ON ACQUISITION OF LAND BY GOVT FOR VALUE OF LAND AND BUILDING.WHILE NO TDS HAS BEEN DEDUCTED ON LAND VALUE ,TDS HAS BEEN DEDUCTED ON COMPENSATION VALUE OF BUILDING U/S 194LA.ALSO ON 100% SOLATIUM ON BOTH LAND AND BUILDING NO TDS DEDUCTED.ADVICE WHETHER COMPENSATION PORTION THAT RELATES TO BUILDING IS EXEMPT FROM INCOME TAX OR NOT
posted by
vikas kalra
on
Nov 23 2018 12:00AM