Compensation for house acquired

vibha trivedi (16 Points)

23 July 2023  
compensation for house demolition paid by ADM land acquisition but in passbook entry from NHAI- amount 20,00,000/- but no tds deducted on this amount.

compensation for land on which the above house was situated paid separately amount 12,00,000/- by ADM land acquisition but in passbook entry by NHAI, TDS deducted under 194LA.

above is for one assessee for f. y. 22-23 , 54F available upto 15 lakh.

what will be the tax treatment for above compensation received for demoltion of house?