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Tax applicable on agreeculture land at rural area

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 November 2012 GOVERNMENT IS AQUIRIENG MY AGRECULTURE LAND AT MY VILLAGE. THE GOV. AUTHORITIES SAYS TAX IS DEDUCTED AND NET AMOUNT WILL BE PAYABLE TO THE FARMER. MY QUESTION, IS GOV.RIGHTLY DEDUCTE TDS, ON AGRECULTURE LAND TDS IS APPLICABLE OR NOT ???
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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
16 November 2012 TDS U/s 194LA is not applicable in case of Agriculture land.

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