09 August 2024
Sir My name is Arjun Kumar Dey and working in Union Bank of India. I had a property adjacent to NH which was acquired on 2020 by NH for highway construction and they give us 990000 for compensation. But they deduct TDS of Rs 99000.00 even I applied in ITR return and IT dept did not refund this. Kindly guide this. Regard Arjun kumar dey Mob 9564148023 E mail arjun kumar.dey1978@gmail.com
11 August 2024
It depends upon the act under which the land was acquired? Secondly you have to declare the transaction in your ITR under appropriate schedule to claim the refund.