From capital gains to rental TDS and home loan deductions, returning NRIs need smart tax planning to optimise liabilities, ...
A TDS error by the buyer of an ancestral land jointly held by a father and son led to a notice from the I-T Department.
A father and son sold ancestral land for Rs 13 crore, but the buyer's TDS error led to a tax notice for the father. The ITAT ...
Quoting false PAN can lead to a penalty of ~10,000 per default; wilful concealment can even result in imprisonment ...
There is a problem with the Income Tax law due to which in immovable property sale cases, Taxpayers especially NRIs may face ...
While the new Income-tax Act promises clarity and simplicity, several procedural rules remain stuck in the past. Expert warns that unresolved TDS credit issues and overlapping levies are causing ...
State stamp duty (5–7%) and registration fees, Central GST on under-construction property, 1% TDS on sales over ₹50L, and ...
Key steps, taxes and family considerations of inherited property.
Mumbai ITAT clarified that perpetual leasehold rights are equivalent to ownership for the purpose of a specified agreement" under Section 45(5A)/194-IC, requiring 10% TDS on JDA monetary ...
A: There was no change in Budget 2026 to any income tax bands or rates. As a result, the amount you can earn next year before ...
It has been very profitable to own a South Florida home over the past 15-plus years. Long-term homeowners here are sitting on ...