09 June 2015
Dear Sir I am owner of a pvt. ltd. Manufacturing company. I have purposed to purchase agriculture land situated in back side of my existing factory. I have already convert my exiting factory land into non agriculture. The consideration of purposed agriculture land is on above 50 lakhs.
09 June 2015
There are clear wording in Sec 194IA that other than agriculture land situated in Rural area of india also go through the sec 2(14) . thus no TDS
CAclubindia
