102 results for “TDS”+ Section 6clear
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In the result, the appeal of the department is dismissed
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
TDS of Rs. 85,46,350/-, which was claimed exempt u/s 10(37) of the Income Tax Act, 1961. In response to query raised by A.O. regarding nature of land, the appellant filed details in respect of the land and compensation amount received explaining that the land was agricultural in nature and is situated outside municipal limits. However, the Assessing