https://www.taxtmi.com/caselaws?id=382674 Compensation received under an award made under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 was treated as fully exempt from income-tax under Section 96, because the provision was plain and unambiguous and the payment did not fall within the limited exception in Section 46. On that basis, Section 194LA of the Income-tax Act, 1961 could not be used to deduct tax at source from compensation that was not taxable. The Court also relied on the binding departmental circular and earlier precedent taking the same view, and the assessment order was unsustainable. en-us Fri, 31 May 2019 00:00:00 +0530 Sat, 06 Jul 2019 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382674 Compensation received under an award made under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 was treated as fully exempt from income-tax under Section 96, because the provision was plain and unambiguous and the payment did not fall within the limited exception in Section 46. On that basis, Section 194LA of the Income-tax Act, 1961 could not be used to deduct tax at source from compensation that was not taxable. The Court also relied on the binding departmental circular and earlier precedent taking the same view, and the assessment order was unsustainable. Case-Laws Income Tax Fri, 31 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382674