In a recent ruling, the Income Tax Appellate Tribunal (ITAT), Delhi bench has held that no TDS can be levied on the enhanced compensation for the compulsory acquisition of the agricultural land. The Tribunal further directed the Assessing Officer to refund the TDS amount deducted by the department. The assessee is an agriculturist and inherited […]
The post No TDS on Enhanced Compensation for Compulsory Acquisition of Agricultural Land: ITAT allows Refund [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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