https://www.taxtmi.com/caselaws?id=263466 The Tribunal ruled in favor of the assessee, holding that the compensation paid for the acquisition of land by the Urban Improvement Trust was not subject to TDS under Section 194LA as the acquired lands qualified as agricultural. The provided documentation, including certification from the Tehsildar appointed by JDA, was deemed sufficient to establish the agricultural nature of the land. The Tribunal emphasized adherence to the plain language of the law and overturned the lower authorities' decisions, cancelling the demands under Sections 201(1) and 201(1A) and allowing the assessee's appeals. en-us Fri, 29 May 2015 00:00:00 +0530 Thu, 03 Sep 2015 07:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263466 The Tribunal ruled in favor of the assessee, holding that the compensation paid for the acquisition of land by the Urban Improvement Trust was not subject to TDS under Section 194LA as the acquired lands qualified as agricultural. The provided documentation, including certification from the Tehsildar appointed by JDA, was deemed sufficient to establish the agricultural nature of the land. The Tribunal emphasized adherence to the plain language of the law and overturned the lower authorities' decisions, cancelling the demands under Sections 201(1) and 201(1A) and allowing the assessee's appeals. Case-Laws Income Tax Fri, 29 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263466