52C. Deduction at source from compensation against acquisition of property.-

¹[52C. Deduction at source from compensation against acquisition of property.-

Any person, responsible for paying any amount of compensation against acquisition by the Government of any immovable property shall, at the time of paying such compensation deduct advance tax at the rate of,-

(a) ²[Six] per cent of the amount of such compensation where the immovable property is situated in any city corporation, paurashava or cantonment board;

(b) ³[three] per cent of the amount of such compensation where the immovable property is situated outside any city corporation, paurashava or cantonment board.]

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¹ Subs by F. A. 2010

² Subs for "two" by F.A 2020

³ Subs. for "one" by F.A 2020

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Mijan Niloy