Section 194LA: TDS on Compensation for Immovable Property

Section 194LA requires tax deduction at source on compensation paid for compulsory acquisition of immovable property (other than agricultural land in certain cases).

Recipient checklist

• Verify TDS in Form 26AS against compensation received
• Report capital gains or income in correct schedule
• Claim exemption under Section 54/54F if reinvesting in house
• Keep acquisition notices and payment proofs

See 194-IA property TDS, Section 54/54F, and capital gains filing.

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