https://www.taxtmi.com/caselaws?id=267371 Tax deduction under section 194LA applies only to compensation paid on account of compulsory acquisition of immovable property other than agricultural land. Where compensation is fixed by mutual agreement under section 29(2) of the Karnataka Industrial Areas Development Act, the acquisition does not automatically constitute compulsory acquisition for that section. The record here did not establish that every disputed payment arose from the same agreed process, so each payment required factual verification before section 194LA could be applied. The operative point is that agreed compensation may fall outside section 194LA unless the underlying facts show a compulsory acquisition. en-us Wed, 23 Sep 2015 00:00:00 +0530 Sat, 05 Mar 2016 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267371 Tax deduction under section 194LA applies only to compensation paid on account of compulsory acquisition of immovable property other than agricultural land. Where compensation is fixed by mutual agreement under section 29(2) of the Karnataka Industrial Areas Development Act, the acquisition does not automatically constitute compulsory acquisition for that section. The record here did not establish that every disputed payment arose from the same agreed process, so each payment required factual verification before section 194LA could be applied. The operative point is that agreed compensation may fall outside section 194LA unless the underlying facts show a compulsory acquisition. Case-Laws Income Tax Wed, 23 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267371