Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

Income Tax Officer-TDS 2, Rajkot Versus Muktanandgiri Maheshgiri

2017 (11) TMI 969 - SUPREME COURT

TDS on enhanced compensation - TDS on the amount of compensation and interest received pursuant to judgment and award of the Land Acquisition Reference - whether the compensation is paid for property other than agricultural land or otherwise and whet .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

visions of Land Acquisition Act, the assessee was not liable to pay any tax on the aforesaid amount received by him. - Held that:- We find that the issue involved in this case is squarely covered by case Union of India and Ors. v. Hari Singh and .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

f Income Tax Act, is for the respondents to approach the concerned Assessing Officer(s) and to raise the issue that no tax is payable on the compensation/enhanced compensation which is received by them as their land was agricultural land. Once such a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

tions to AO, and Land Acquisition Collectors. - Civil Appeal No. 18475 of 2017 ( Arising out of SLP (C) No. 27333 of 2017 ) - Dated:- 10-11-2017 - A. K. Sikri And Ashok Bhushan, JJ. For the Petitioner : Mr. Yashank P. Adhyaru, Sr. Adv. Mr. H. Ragha .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ior counsel appearing for the appellant. We find that the issue involved in this case is squarely covered by the order dated September 15, 2017, of this Court passed in Civil Appeal No. 15041 of 2017 and other batch matters titled as 'Union of In .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ay in case they feel that the compensation in respect of land belonging to them which had been acquired was agricultural land, and claim refund of the tax which was deducted at source and deposited with the Income Tax Department. On the filing of the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ents. (2) While determining as to whether the compensation paid was for agricultural land or not, the Assessing Officer(s) will keep in mind the provisions of Section 28 of the Land Acquisition Act and the law laid down by this Court in 'Commissi .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


Share:            

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version