https://www.taxtmi.com/manuals?id=1256 Payers of compensation or enhanced compensation (or consideration) for compulsory acquisition of immovable property other than agricultural land must deduct income-tax at source at 10% at the time of payment. Deduction applies to land (non-agricultural) and buildings; statutory thresholds exempt payments below an annually prescribed aggregate amount (with a higher threshold effective from April 1, 2025). Statutorily exempt awards or agreements are outside the deduction obligation, but that exemption does not extend to certain private negotiation purchases by non-specified persons. en-us Mon, 05 Oct 2015 11:22:00 +0530 Tue, 17 Jun 2025 18:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1256 Payers of compensation or enhanced compensation (or consideration) for compulsory acquisition of immovable property other than agricultural land must deduct income-tax at source at 10% at the time of payment. Deduction applies to land (non-agricultural) and buildings; statutory thresholds exempt payments below an annually prescribed aggregate amount (with a higher threshold effective from April 1, 2025). Statutorily exempt awards or agreements are outside the deduction obligation, but that exemption does not extend to certain private negotiation purchases by non-specified persons. Manuals Income Tax Mon, 05 Oct 2015 11:22:00 +0530 https://www.taxtmi.com/manuals?id=1256