Canadian citizen of Indian origin sold India property for Rs 2 crore; buyer deducted TDS but he did not file ITR; lost case ...

Rs 84 lakh towards tax deducted at source (TDS), including Rs 13 lakh of applicable interest, was recovered by the income t.

The law taxes business/professional benefits via 10% TDS, even for non-cash perks. The key takeaway is tax must be ensured before releasing the ...

India’s tax deduction at source (TDS) framework, originally designed as a mechanism to ensure steady revenue inflows and ...

The issue was whether TDS credit can be claimed by a person not named in the sale deed. ITAT held that TDS credit belongs only to the actual owners who executed the sale ...

EY has urged the government to simplify the tax deducted at source framework by sharply reducing the number of rates and ...

Buying property from Non-Resident Indians creates tax hurdles for buyers. Current rules demand extra registrations and ...

Participants should be aware of the tax implications for lottery winnings. As per Section 194B of the Income-tax Act, 1961, ...

Industry voices urge simplified TDS slabs, streamlined dispute settlement and facilitative tax administration while seeking ...

The Income Tax Department''s TDS (Tax Deducted at Source) wing conducted a day-long survey and investigation on Thursday at a cotton trading company here for alleged non-compliance with tax deposit ...

The Delhi High Court has held that the subsequent or belated deposit of tax deducted at source (TDS) does not absolve an ...