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 ...

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.

As the federal government shutdown drags on, Maryland Realtors warns of growing uncertainty in the housing market.

Quoting false PAN can lead to a penalty of ~10,000 per default; wilful concealment can even result in imprisonment ...

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 ...

From capital gains to rental TDS and home loan deductions, returning NRIs need smart tax planning to optimise liabilities, and claim exemptions | Real Estate News ...

Missing IRS deadlines can carry financial consequences. Failure to file and pay a tax return on time can result in a penalty ...

In immovable property sale cases, NRIs may face both TDS and TCS depending on how the sale proceeds are handled.

While the new Income-tax Act promises clarity and simplicity, several procedural rules remain stuck in the past. Expert warns ...

Judicial ruling confirms that investment source for property purchased by a homemaker was genuine. The ITAT found that the entire consideration had a clear trail from the son's account, reversing the ...