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Interest on enhanced compensation

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 June 2015 What is tax treatment of interest received on enhanced compensation in case of compulsory acquisition of Agriculture land.

IS tds is liable to be deducted u/s 194-A on such interest.

Thanks & Regards,


04 June 2015 tds to be deduct by the payer if amount exceeds rsw. 5000/-



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