https://www.taxtmi.com/acts?id=4038 Payers of compensation for compulsory acquisition of non agricultural immovable property must deduct ten per cent as income tax at the time of payment, subject to a monetary threshold exemption; the obligation covers compensation and enhanced compensation/consideration, and does not apply where the payment relates to an award or agreement exempted from income tax under the land acquisition statute. Definitions distinguish agricultural land from immovable property for the section's scope. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 16:16:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=4038 Payers of compensation for compulsory acquisition of non agricultural immovable property must deduct ten per cent as income tax at the time of payment, subject to a monetary threshold exemption; the obligation covers compensation and enhanced compensation/consideration, and does not apply where the payment relates to an award or agreement exempted from income tax under the land acquisition statute. Definitions distinguish agricultural land from immovable property for the section's scope. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=4038