https://www.taxtmi.com/caselaws?id=174513 Section 194LA of the Income-tax Act applies only where payment is compensation or consideration on account of completed compulsory acquisition of immovable property. Payments made under negotiated sale deeds executed by landowners, with mutual assent and transfer of title under the Transfer of Property Act, are not covered merely because acquisition proceedings had begun. A Section 4(1) notification does not divest title; vesting occurs only on possession under Sections 16 or 17, and withdrawal under Section 48 effaces the acquisition. On that basis, tax deduction at source was not attracted to the sale-deed payments. en-us Mon, 06 Oct 2008 00:00:00 +0530 Sat, 09 Dec 2023 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174513 Section 194LA of the Income-tax Act applies only where payment is compensation or consideration on account of completed compulsory acquisition of immovable property. Payments made under negotiated sale deeds executed by landowners, with mutual assent and transfer of title under the Transfer of Property Act, are not covered merely because acquisition proceedings had begun. A Section 4(1) notification does not divest title; vesting occurs only on possession under Sections 16 or 17, and withdrawal under Section 48 effaces the acquisition. On that basis, tax deduction at source was not attracted to the sale-deed payments. Case-Laws Income Tax Mon, 06 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174513