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applicability of TDS

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....pplicability of TDS<br> Query (Issue) Started By: - sid chakravarthy Dated:- 27-6-2012 Last Reply Date:- 4-9-2012 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear sir, We are paying huge amounts for c....

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....ompulosry aquisition of private properties for road widening as compensation. I would like to know the applicability of TDS under income tax for the above payments and the rule position and the rate ....

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....of income tax for such payments. thanking you sir chakravarthy Reply By Ankur Agrawal: The Reply: Dear sir, you are covered under Sec 194L, under which, in case of cumpulsory acquition, if amount....

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.... of compensation exceeds Rs. 100000, payer needs to deduct TDS at the specified rate. i advice to please refer the this particular section to get clearity regarding your doubt.<br> Discussion Forum - ....

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....Knowledge Sharing ....