https://www.taxtmi.com/forum/issue?id=109945 An individual transferred land to a firm by journal entry at a government valuation after reporting capital gains personally. The firm paid an amount to remove an unauthorized encroachment on behalf of the partner, debited that payment to the partner's account, did not claim it as a firm expense, and recorded the land at the higher cost. The core issues are whether TDS liability arises on the encroachment payment made without deduction and whether the firm is the withholding agent given its accounting treatment of the land. en-us Fri, 26 Feb 2016 18:28:53 +0530 Thu, 23 Jan 2025 15:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109945 An individual transferred land to a firm by journal entry at a government valuation after reporting capital gains personally. The firm paid an amount to remove an unauthorized encroachment on behalf of the partner, debited that payment to the partner's account, did not claim it as a firm expense, and recorded the land at the higher cost. The core issues are whether TDS liability arises on the encroachment payment made without deduction and whether the firm is the withholding agent given its accounting treatment of the land. Discussion-Forum Income Tax Fri, 26 Feb 2016 18:28:53 +0530 https://www.taxtmi.com/forum/issue?id=109945