The Delhi High Court has held that land belonging to religious establishment compulsorily acquired by the government is liable to TDS under Section 194 LA of the Income Tax Act if it is not proved to be agricultural land /capital asset. The Assessee Gurudwara Sahib Patti Dhaliwal is a religious establishment in Punjab contended that […]
The post Land belonging to Gurudwara which is not categorized as Agricultural Land liable to TDS on Compulsory Acquisition: Delhi HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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