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Tds payment on compensation and ex-gratia against tress,fish

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(Querist)
22 April 2014 Dear All,

A purchase the Immovable property for starting the business and the B (seller) received the Compensation and ex-gratia against trees,raitya status,flower trees excluding the cost of landed property.
so TDS will be deduct or not.

Kindly give your valuable suggestion.

Regards
Nidhi Agarwal
ACS
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pranav

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pranav (Expert)
27 April 2014 yes, nidhi tds will be deducted at rate of 1% if consideration exceeds 50L. for details ready 194LA

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