Deduction at source on compulsory acquisition compensation suspended after omission; prior rule required withholding on such payments. Section 194L addressed deduction at source on compensation for compulsory acquisition of capital assets but has been omitted; formerly it required the ... Summary
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Deduction at source on compulsory acquisition compensation suspended after omission; prior rule required withholding on such payments.
Section 194L addressed deduction at source on compensation for compulsory acquisition of capital assets but has been omitted; formerly it required the payer to deduct tax at source from such payments, subject to a monetary threshold and a proviso modifying applicability from a later specified date.
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