I am working ArcMap10.1 software. When I was labeling on point feature automatically label fall on line. Label must not fall on line. I'm not aware how to solve this issues. I have attached an example image to show the problem.
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You can try using the Maplex labeling engine which will give you more control than the standard labeling engine. In the labeling toolbar, enable Maplex.
There are several options in which you can adjust the settings for feature weights and overlapping labels. See the ESRI documentation.
Weights can range from 0 to 1,000. Features with high weights are less likely to have labels placed over them.
The Maplex settings are numerous. You can read more about them in the help.
This is possible by assigning a higher weight to the line layer's features than to the point layer's labels.
Open the Properties dialog for the line layer, and choose the Labels > Placement option, then set a High value for the Feature Weight.
This causes ArcMap to move those labels which would have overlapped the lines, or to omit drawing them where necessary.
If you want manual control over the labels, and/or you want to force the placement of labels which don't display automatically using this method, you can convert the labels to annotation and move them precisely.