https://www.taxtmi.com/acts?id=16347 The amendment increases the withholding tax threshold in the proviso to section 194LA, raising the exemption limit that determines when tax must be deducted at source on compensation for acquisition of immovable property; the change applies prospectively from the operative date specified in the Finance Act, 2012 and does not otherwise amend the parent section's substantive provisions. en-us Tue, 29 May 2012 13:00:35 +0530 Tue, 29 May 2012 13:00:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16347 The amendment increases the withholding tax threshold in the proviso to section 194LA, raising the exemption limit that determines when tax must be deducted at source on compensation for acquisition of immovable property; the change applies prospectively from the operative date specified in the Finance Act, 2012 and does not otherwise amend the parent section's substantive provisions. Act-Rules F. Acts / Amendment Acts Tue, 29 May 2012 13:00:35 +0530 https://www.taxtmi.com/acts?id=16347