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of <h1>Income Tax Bill 2025 Clause 393 maintains 10% TDS on land compensation above Rs 5 lakh under Section 194LA</h1> The Income Tax Bill 2025 proposes consolidated TDS provisions under Clause 393 for land acquisition compensation, closely mirroring existing Section 194LA of the Income Tax Act 1961. Both provisions mandate 10% TDS on compensation exceeding Rs. 5,00,000 paid to residents for compulsory acquisition of immovable property, excluding agricultural land. Key exemptions include awards covered under Section 96 of the RFCTLARR Act 2013. The Bill maintains substantive tax policy while modernizing structure through tabular format for enhanced clarity. Main continuities include rate, threshold, exemptions, and scope. Potential issues involve definition harmonization and determination of Section 96 exemptions. The transition aims for procedural modernization without altering tax burden, requiring clear administrative guidance for smooth implementation.
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