TDS Not Required for Properties Acquired by Mutual Agreement u/s 194LA, Income Tax Act.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....TDS u/s 194LA - As there is no compulsory acquisition and the acquisition is by a mutual agreement as contended by the assessee corporation, therefore, to the extent of properties acquired u/s 146 of HMCA, 1955, TDS not required to be made u/s 194LA - AT....