TaxTMI 
TaxTMI 
applicability of tds
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....pplicability of tds<br> Query (Issue) Started By: - sid chakravarthy Dated:- 7-7-2012 Last Reply Date:- 9-7-2012 Income Tax<br>Got 2 Replies<br>Income Tax<br>Dear sir, We are paying rupees one crore ....
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....for compulosry 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, the monetary limits and the r....
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....ule position and the rate of income tax for such payments. thanking you sir chakravarthy Reply By CA GOPALJI AGRAWAL: The Reply: Presuming that you are making payment to resident, there would not ....
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....be any TDS on compensation amount. Reply By CA GOPALJI AGRAWAL: The Reply: In previous reply, I have taken the presumtion of property being agricultural otherwise tax would be deducted u/s 194LA @ 1....
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....0% if such compensation is more than 1 lac. W.e.f. July 1, 2012, the limit is 200000/-<br> Discussion Forum - Knowledge Sharing ....