https://www.taxtmi.com/acts?id=9874 Section 194LA requires any person responsible for paying compensation on compulsory acquisition of immovable property (other than agricultural land) to deduct ten per cent as income-tax at the time of payment, by whatever mode. The obligation covers compensation, enhanced compensation or consideration, and is subject to a proviso exempting payments where the single payment or aggregate payments to a resident in a financial year do not exceed one hundred thousand rupees. en-us Wed, 22 Oct 2008 11:05:55 +0530 Wed, 22 Oct 2008 11:05:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9874 Section 194LA requires any person responsible for paying compensation on compulsory acquisition of immovable property (other than agricultural land) to deduct ten per cent as income-tax at the time of payment, by whatever mode. The obligation covers compensation, enhanced compensation or consideration, and is subject to a proviso exempting payments where the single payment or aggregate payments to a resident in a financial year do not exceed one hundred thousand rupees. Act-Rules F. Acts / Amendment Acts Wed, 22 Oct 2008 11:05:55 +0530 https://www.taxtmi.com/acts?id=9874