https://www.taxtmi.com/caselaws?id=264800 Section 194LA applies only where compensation is paid for compulsory acquisition of immovable property. Where properties are acquired by agreement under section 146 of the Hyderabad Municipal Corporation Act, 1955, on mutually agreed terms, and no compulsory acquisition proceedings under the Land Acquisition Act, 1894 are initiated, the statutory condition for tax deduction at source is not satisfied. On the facts stated, the payments made for acquisition by agreement did not attract deduction under section 194LA, and the Revenue's challenge failed. en-us Fri, 04 Sep 2015 00:00:00 +0530 Sat, 03 Oct 2015 11:38:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264800 Section 194LA applies only where compensation is paid for compulsory acquisition of immovable property. Where properties are acquired by agreement under section 146 of the Hyderabad Municipal Corporation Act, 1955, on mutually agreed terms, and no compulsory acquisition proceedings under the Land Acquisition Act, 1894 are initiated, the statutory condition for tax deduction at source is not satisfied. On the facts stated, the payments made for acquisition by agreement did not attract deduction under section 194LA, and the Revenue's challenge failed. Case-Laws Income Tax Fri, 04 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264800